The NES is one of the most repairable consoles ever built — full-sized screws, a top-loading cartridge bay and a simple motherboard. The single most common failure is the 72-pin cartridge connector, which causes the infamous blinking red light and boot loops.
LIKELY CAUSE: Dirty or worn 72-pin connector; dirty cartridge pins
LIKELY CAUSE: Bad solder joints on the video output or failing PPU chip
LIKELY CAUSE: Worn controller port contacts or broken cable