[jhynesrockmtn]

Update:

The inspection went pretty well. It does have knob and tube and I'm getting bids on taking care of the panel and key wiring today to present to the seller. The inspector said the panel has to go.

Pipes are old galvanized and rusted pretty bad. Low pressure when upstairs and downstairs water are both run. Bids coming today on that as well. Sewer line in excellent shape per camera inspection.

Furnace is old but functional. Tank is ok. Everyone I've talked to in this area says I'm covered. The inspector has tons of experience with oil tanks in this area. Tank in continual use, no sign of leakage or water infiltration when tested, fill records and level testing during non use show steady levels, state insurance registered tank for 15 years. If I change heat sources it can be filled in place and certified for $400.

Rest of the house is very solid older construction. It's amazing to compare old timber with the *&^% that gets used in newer construction. Old growth cedar siding in good shape, new windows, roof and gutter, foundation is solid, no water penetration. Kitchen is older remodel using cheap cabinets so I'll be trolling re-use places for some cool old cabinets to retrofit in. My buddy in construction looked it over as well. He may room with me for a while to save some money and help with some projects. Looks like a go if the seller will come to the table with some $'s for electrical upgrades and plumbing retrofit.