It could still have knob & tube and ancient plumbing. 

We had to take an ancient 27" oven out of one of our rentals, and couldn't find a replacement that size.

The client has replaced several of the old uglies and the new units are quiet, perform well, and many tenants are pleased they're not living with "ancient" duct work.  

It isn't easy to get people to say a 1966 Bi-level with ancient plumbing/electric/HVAC is "so beautiful" and "amazing finishes."  

OK BP. I'd like your input in this matter.  I've been looking for a foreclosure to flip in Chicago, Currently, my agent and I are attempting to see a foreclosure right now. I'm noticing that whenever it is a really go...

Also I grew up in a house built in the 1800's, so I swore off ancient property long before I could swing a hammer. 

The taxes were insane - $9000 for a 3000sf home on Honea Egypt.

Yes, the regular season is ancient history now, however the Mavs are 10 and 1 in the playoffs since dropping 2 to the Blazers.

Meanwhile she is paying a lot of money in utilities for an ancient heating and cooling system, the floors in her cabinets have nearly rotted out, and the shed outside has what appears to be only particle board for siding.  

One just needs to go to Rome and see where modern Rome is built on top of ancient Rome.