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I found this "installation" at a recent jobsite that I was at. Two-family rental unit, recently rewired by the unit owner. He paid an electrician (not me!) to put in a new service and panel, and then did the rest of the work himself. He fed all new 12/2 NM to the OUTSIDE of the house, and then ran the wiring up to each respective room in the house, from the outside in! As you can see from one of the pictures, he was in the process of covering up his handywork with new vinyl siding.

Enjoy!
Maura
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