Check out Mark Kohler on you tube.  

Fund and Grow came into my view through the Morris Invest video on You Tube about 10 days ago.

We did remove the knob and tube wiring originally.

Account Closed you can do couple of things  .. 1) Find one of the large wholeselller and ask for a job ... whatever that might be ..2) Reach out to local title companies and ask for a job .... whatever that might be ..3) Find one of the large realtors and ask for a job .. whatever that might be ..4) Watch you tube :) Talk is cheap ... reading is OK but doing it the best ...so go do it ... and please remember DO NOT DROP OUT.. yes.. going to college doesn't guarantee any success but for sure minimizes probability of failure .

Everything else has to be refreshed : Floors (carpeted, heavily spoiled and cat urine odor) Ceilings dry-wallWalls dry-wallElectrical is out of date (knot and tube all over, electrical panel needs replacement) Risks: Sanitization (cat urine smell, potential for pest problems)Structural integrity not checked (unable to check in a timely fashion due to deadline)Evidence of water damage on main floor ceiling, extent of damages unknownNo smell of mold in basement but knowing the city history of flooding, this is uncertainPlumbing looks recent but it was hard to be absolutely sure of this assertionThe reason I decided against in the end : too many unknowns.

Check Mark Kohler on you tube he is a cpa and Attorney.  

Does it have knob and tube wiring also? 

Perhaps you know that old buildings many times have the old knob and tube wiring. 

The electricity isn't knob and tube and doesn't present much difficulty to maintain and modernize, the plumbing is all pretty simple (single stack).

If it was built that early and the wiring hasnt been updated you may have knob and tube wiring in that house.