What does your property's sale price work out to if you multiply that PPSQ by the # of sq ft of your property, and discount it by a healthy margin of safety?

Outdoor steps should not go over 6 1/2" riser for safety from ice and slippery conditions.

(IE: I'm concerned that refinancing at $290K puts us at the top of the market and at risk for being underwater when it goes back down)And do you have any opinions on the relative merits/safety of leveraging your primary residence to start investing? 

No hard hats were worn, no safety glasses for all employees, and the people working on the rafters didn't have harnesses nor were tied off.

@Alexandre Marques dos SantosThat was exactly my dilemma, but after realizing the 25% down and closing costs and fees I would almost have nothing left as a safety net for any repairs or vacancies.

This is largely so that they can ensure life safety measures are being satisfied in these larger buildings. 

Safety is also a primary concern for us, which I know can vary significantly in this area. 

The expenses to safety run the property as a rental add up.

Here are the specs:6 unit brick multifamily Apt building-priced at 569,000- negotiated down from asking 600,0006-2bd/1bth apts currently does 4700 per mth-rent currently about 20% under market at the start of due diligence was 100% occupied-That is what I based my offer on building performing at 100%tenant just gave his 30 day notice -so before closing the building will have 1 vacancy performing at 84%The inspection also turned up 15k of safety violations I believe both are points of renegotiation-I'm just not sure how much is my question-I was going to ask for 15k of a closing concession to cover the safety issues-but how much is considered acceptable/reasonable to decrease the price for the vacancy?

Also, it's the south side of Chicago so know the safety record and types of neighbors on the streets.