My suggestions are just that- Food for thought.Explain the situation to your insurance provider.

A flat rent for 2 years at $2,925 provides a slight increase, yet might not be enough to counter potential market hikes in the third year.

This is an acceptable appraisal approach.Sometimes using simple and common sense is ok way to go.Good luck and don't forget to invite all those who provide an answer to a BBQ ;-)

I'd purchase (or build) free standing guards.It's also protecting your radiator from a baby who will drop things in to it. 

If considering appreciation and buy and hold for 10+ years, and looking across my entire portfolio, I can afford to have negative cash flow on one property, while providing a good quality property at affordable, below market rates.

Before putting together an LLC I would study the following:- Understand what level of protection it actually offers you and understand how to operate the LLC so that you never jeopardize the "corporate vail." - Understand risk mitigation through insurances - Understand how building a rental portfolio under an LLC changes the debt options you use when closing deals. 

A quick question:  Would you be able to provide further clarity why you classified zip code 64052 /64053 as mostly bad for rental?

when lookin at skip tracing providers, find one that has pricing and payment options available based on the volume you'll be submitting.

The rehab always seems so costly especially when the value is purely protection.

Can you provide a source I can look at?