I reviewed the insurance requirements for the new servicer and it appears that they will allow a repair cost policy. 

I will comment to watch out for two reasons:1: School district problems2: GE appears to be moving on (on the plus side, you have a 1 million square foot Lord Corporation facility on upper Peach St.)Other than that, I think there are some golden nuggets to be found.

It appeared to me that if creating passive income is wise for the individual/family then it would apply to helping others as well.  

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

According to the Housing code you referenced, it appears that you have a case for warranty of habitability violation.

I was given a recommendation for a HML from a fellow investor and that guy doesn't appear to be panning out.

I have been on biggerpockets website a few times before and it appears to be a great resource.

I can find equivalently sized SFH's close to this property, but 90% of them are 4/2 1800 SQFT they have.I'm not looking to fudge the numbers or inflate anything, so is it safe to use the SFH data for part of my calculation?

After reading the BP article on How to Start Wholesaling, it appears that I have overlooked a very vital step in starting my wholesaling business.

@Fadi WI am not going to suggest ways out of the predicament because I have no direct experience in the USA market, especially these types of deals and it appears there is a lot of very good advice on alternatives that could help you posted here.