You might be able to get some random Edison technician to say, "Well, I guess it would be okay," after eyeballing it, but that's no guarantee that after you buy the property, Edison or Long Beach or someone comes along and says you can't. 

If there's other appliance protection that's better/cheaper, I'm interested in hearing the options as well.

Be careful with the tenant, as well, as stated herein. 

Being newer we are open to any advice for the area as well!

Currently, the rental income would not cover the mortgage payments, but I'm considering refinancing if interest rates decrease (possibly conventional to free up VA entitlement) as well as adding a fifth bedroom to increase rental income.My Plans: I intend to retain the NC property due to a stable tenant with a recently renewed year-long lease.

Are you looking to finance the rehab as well or just finance the purchase?

Ive had similar issue with google voice as well. 

@Cindy Young, the common rule of thumb is 1%, you will hear that all over the place, and you will also hear people rail against this rule of thumb as well.

Ran into some unexpected issues with having to run new power for the stove as well as having to run new water lines for the bathroom and kitchen.

To keep things running well, think about getting a local company to manage the property, make local friends in the business, keep up with market changes, have a backup plan, make sure you have enough insurance, follow the local rules for renting out property, and keep some money aside for surprises.