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Sounds like it comes down to your approach on risk management. Others have pretty clearly laid out the risks and frustrations of living in a house that's being fixed/renovated, but if the seller is as negligent as they sound then I'd expect to find even more issues. If the inspection couldn't cover anything pertaining to electricity then that'd be a huge red flag for me, that stuff can get real expensive real fast. Follow your gut and try not to fall for the sunk cost fallacy, it can be hard when you focus on how many hundreds of dollars and hours of time you've spent so far but it sounds like you're looking at at least another several thousand dollars in repairs, and that's only for the problems you're currently aware of. Everybody's situation is different so maybe this whole thing is right for you, but don't ignore the red flags just because of how much you've already invested
Have to say my gut is saying to walk away. Of course it's me that has to make the decision end of the day, but the responses I've gotten here have clarified all the subconscious worries I had and given me a lot more to think about. Much appreciated, glad I made this post.