On Wednesday morning we had not one but two inspectors with Iowa State Home Inspections meet us at the home. Dave is outgoing and Gene is the quiet one. They were both very easy to work with. Lucas and I followed them around like little kids until we got distracted by the guy sorting possessions for the upcoming estate sale. After looking at a few shiny (or wooden) things, we'd find Dave or Gene pretend like we were there the whole time. They didn't mind me asking somewhat silly questions, and I'm sure they appreciated Lucas' electrical knowledge. We found out none of the outlets were grounded, except the three in the kitchen, and the wiring is original. In a one-owner home, I guess they didn't see the need to update. Seeing that it works just fine, it wasn't a deal-breaker.
All in all, we decided the inspection was acceptable, and the deal is continuing!