If they know what's going on, and they know that you want to make it right (ie, a small credit on next month's rent) I think they will continue to be far more patient than if they are left in the dark.

Hello Erica,Thank you for the referral Elise has been great, so helpful and patient with us trying to purchase our multifamily.

There is a lot of competition for the Boise market but be patient and you will find the right opportunity, but be quick when you find it. 

Not in MA but here's our experience with the application of IRC2018 ....Our local bldg inspector initiated IRC2018 fire safety requirements for all multi's under his jurisdiction.

I exlained that we are on our 3rd contract, I have been more than patient, I only said that the buyer needs to pay for this with more earnest money just in case we dont close.

I would consider it: If they cash flow well, you have a margin of safety, and you can handle things not going according to plan.  

.), while the building code deals with the safety and habitability of the structure. 

Be sure you stay patient and analyze every house you look at thoroughly. 

Is sacrificing the safety of our current cheap mortgage worth cashing in on the equity to invest with?

It's pretty difficult to find cash flow in residential, but if you have patient capital, the appreciation is fantastic and you'll get to cash flow eventually.