An engineer can do this, but it will be done without intuition developed from doing it multiple times and the learning from prior mistakes. It just seems like a lot of work for one person.
If your house has knob and tube, the walls are probably plaster and ugly and cracked. Fishing lots of wire is a pain in the a$$. Why not remodel with sheet rock or is the house not worth it?
Personally, I've always had a fantasy of seeing an old house with restored knob and tube wiring. I'd feel differently about living in it.