On this place if you are really concerned about parties, I would not allow instant booking.

My only concern is that between the research I've done and the large amount of feedback and comments I've gotten from posts I've made in other forums/groups, the consensus has been that getting the appraisal changed by appealing or challenging it is less likely than hitting the lotto.

I’m not completely blind to other facets of the investment puzzle, but monthly cash flow is, by far, my primary concern and desire.

My concern is qualifying for loans with no W-2.  

The reason that is currently the condition is due to multiple offers and the listing agent/seller being concerned about the appraisal coming in lower than purchase price, which is mitigated by seller asking for no appraisal contingencies and larger amounts of money in the bank. 

What concerns me is the neighborhood.

I told her that she needed to give legal notice in writing which she refused to do so I gave her 30 day notice to make intentions clear for all concerned. 

So, like Eric James posted, if it's been vacant 15 years the electric may be of lesser concern.  

If you are concerned about the quality of the inspection you’ll get in working through your realtor I’d suggest asking to talk to a past client that has used that inspector and speaking with them about the experience.

As long as it appreciates at a good amount like it has and you are not losing money renting it out, I would keep it for the appreciation not be concerned about the 1% suggestion.