This is not a typical investment since we want to get our mother a nice and comfortable place to live. 

you don't have one, hence, your gfi's could not be hooked up correctly. i agree, the $15k sounds a bit steep for the total rewiring job. i would shop around for the best deal you can find, but i would definitely do it. yes, of course it would " pass inspection" as is, if a home inspection was about pass or fail, but it's not about pass or fail. its about the condition of your home at the present time. and at this present time, the wiring is working as designed. is it safe???

My ultimate goal is to buy enough property within the next 3-5 years so I'm able to quit my full time job and live comfortably off the cash flow (while also reinvesting it back into real estate).

They are designed to get you in the game, experience what you are experiencing, and then get you to run to them for help.Once you are under their spell, they'll convince you that you need to buy their training packages, starting with a 3-day seminar in a hotel someplace for $997 to $1,497 where they'll promise you that you'll learn all about everything in real estate.  

Which isn't something I'm comfortable with in a worst case scenario.

Below are the numbers he gave me on the house.Rambler3 Bed, 1 Bath, 1069 Square Feet, roughly .25 acre lot, Occupied housePurchase Price: $141,000Renovation: $25,000Finders Fee: $0 (waived if I took it that day)Resell: $205-$215 (depending on finishes)Offered to sell it for me for freeSo here is the initial numbers I put together.Purchase Price: $141,000Renovation: $35,000 (I always add onto the number they give me, just to be safe)Closing Cost: $15,000 (7%  3% to buyers Agent, 1% to selling Agent, 3% closing cost)Holding Cost: $11,700 ($2,700 [points], $1,200 insurance, $7,800 for 6 months of Interest)Potential Profit: $12,300 (plus we finance our own renovation and pay ourselves)This is what it looked like:Next Post I will explain and show the demo/design and how we planned to add value to increase profits

I comfortable that the ARV number.  

It was designed with one meter for heat and one meter for water/sewer.

Do you mean the required course to gar a license, or some designation after you have your license?  

Welcome @Nick OrrChampaign-Urbana grad here - now in Sacramento, CAYour goals sound very doable and you're in the right place to learn nearly anything.Regarding A - D ratings, well it boils down to where you feel comfortable.