When you want to purchase an older house, great care has to be taken to make sure that everything works as advertised. The sad reality of the situation is that, even though these houses are pretty affordable, they can present a lot of functional issues, some of which may be a real hazard to the new owner or tenant.
Some of the first things to look at are the siding, foundation and roofing systems. A damaged foundation can impair the stability of the home, while a faulty roof will lead to leaks and flooding. The siding and insulation should also be checked to see if it can protect your new home properly from temperature changes as well as excessive heat and cold.
The functional elements such as the heating, AC and wiring will all have to be thoroughly checked. Keep an eye out for faulty wiring and short circuits that can blow fuses during storms, and make sure that the plumbing fixtures and pipes are well-isolated from any electricity.
You might want to hire licensed Denver plumbers and electricians to check on these systems and to check for any leaky gas pipes or faulty elements that use gas in the furnace as well. Your best choice is to have a complete home inspection and make sure you have all the information about potential hazards and technical problems associated with an older home, before you even consider buying it and living in it.