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It can be safe to buy or live in a house with knob and tube (K&T) wiring, but only if the system is in good condition, functional, and has been thoroughly inspected and approved by a licensed electrician. Never purchase a home with K&T wiring without getting a professional electrical inspection first.

Key considerations include:

• Safety and Condition: An inspector will verify that the wiring is safe and has not deteriorated. Over time, the insulation can wear away, leaving exposed wires that pose a significant fire or shock hazard.

• System Capacity: The electrical service should be at least 60 amps. However, even at this capacity, K&T systems often struggle to handle the demands of modern appliances and electronics.

• Lack of Grounding: Knob and tube wiring is an ungrounded system, which is a safety concern for many modern devices.

• Ongoing Maintenance: If you live in a home with K&T wiring, it's recommended to have it inspected by an electrician every one to two years to ensure it remains in safe working order.

Ultimately, any inspection or modification of a knob and tube system should always be performed by a certified professional.

How far you can run underground electric depends on the wire gauge (generally AWG) and the circuit voltage. Too much voltage drop in an electrical circuit can negatively affect performance, so the smaller the voltage drop, the better. Ideally, it shouldn't exceed 3%. The smaller the wire and the longer the run, the more significant the voltage drop. 

For example, with a 120-volt circuit, you can run 60 feet of 12 AWG cable without losing more than 3% voltage. With a 240-volt circuit, you can run 120 feet of 12 AWG wire while maintaining a voltage drop of 3% or less.

Whether or not a pool needs a dedicated circuit depends on the electrical needs of the motor, lights, and pump. Keep in mind that pool motors can use a lot of electricity. A dedicated circuit can prevent the breaker from tripping whenever you use the pool. A small motor for an equally small pool may only need a GFCI outlet. It’s best to plug it directly into the outlet rather than using an extension cord. You should also consult an electrician to ensure your pool’s electrical system is in accordance with local regulations.

A breaker won’t always trip if an outlet burns out. If the outlet is overloaded or has a short circuit, the breaker is designed to trip and discontinue power to the outlet. However, some wiring problems that can burn out an outlet may not cause the breaker to trip, so don’t rely on it as a signal that something is wrong.