I am looking at a house built in 1926 which was recently inspected. The style of the house is a 2 story with not much of an overhang for the gutters. The inspector thinks water damming was an issue, because each bedroom upstairs has a circle of peeling paint about 2-3 feet wide.

In 2 bedrooms the peeling paint is right by where the gutter would be, and in the other bedroom it is on the ceiling. The house was empty for 2 years due to foreclosure.

If water damming was the issue in the past when it was vacant, should I be worried about it now?