This is what a typical roof here looks like -I chose this picture because it shows what it looks inside too.

Using the 70% Rule, my ceiling is at $126k, and with a wholesale fee and transactional funding, my ceiling is at $116k.That leaves us only $24k to cover repair costs, and I estimate repair costs to be above this.  

Well the insurance will not cover the SFH anymore because it is not owner occupied.  

Will the rents you get in cover the mortgage plus expenses (portion set aside for future repairs or cap-ex, maintenance, insurance, taxes) *and* produce cash flow? 

Licensed agent here covering Philadelphia, Montgomery, and Chester counties. 

Hold back enough $$ in escrow to cover rent or eviction. messy but worth it.

In terms of IBC 2012  egress is covered in chapter 10 part 1029  Emergency Escape and Rescue. 

Ryan, the info provided looks pretty solid in regard to covering the costs.

Typically if they break the lease, they still owe rent for the remaining months of the lease agreement + they also owe to cover any damage/repairs to put the property back in its condition pre move-in.

If you look at my picture, I am at Observation Point in Zion.