Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

I am worried a regular home inspector wont be able to identify this and I could be looking for costly rewiring for the rest of the house in the future which would make it uneconomical for me to purchase and could kill the deal.  

I dont mind spending the money to do good due diligence but i have had bad experiences with home inspectors in the past missing things so I was thinking of using this money to get in specialists for the items that I am worried about (electrical, HVAC, Plumbing, and Foundation) The roof is brand new on the home so I am not worried about that and I can judge the useful life left on the water heaters myself and the Plumber can give me details on that when he is doing his walk through. 

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Based on Angela's post this sounds like it may be a first investment purchase, in which case retail offers a few more security blankets like a realtor to walk you through the process, thorough inspection from an inspector, etc. 

@John Bergstrom I would have FLIPPED out on that inspector (no name calling but they would NOT have had an easy time of it) and then I would be SITTING in the Housing Authority office until they figured out how to find their brain cells and rub them together. 

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

I don't have much construction experience, so hearing the perspective from a quality inspector gave me a blueprint for what needed to be done for a quality rehab.8) Don't be afraid to work.

Any home inspector/GC's worth reaching out to?

And you might want to push into accompanying the termite inspector.