So, you could be patient and wait... or you could (potentially) overpay but who knows prices may just keep rising for a while because there is so much money chasing assets thanks to our govmnt policies.

A patient one that is proactive in answering your questions and has flexible loan products to fit your needs.

Check your state laws, but you will likely need to get your tenants out of the property during the remediation for their own health and safety.  

So you have a safety net if hell freezes over.

They won't even let me into the property citing safety.

That will create the paper trail for them.The City does need to assign addresses for fire and life safety, you should have been assigned an additional/new address in the "MIS-Addressing" review for the building before.

Unpaid rents prior to your purchase, if collected belong to the prior LL.If the tenant is getting basic services, heat, water, safety etc then you wait till the lease is up to start any renovating-or you do cash for keys or pay for their lodging while you are fixing the place.

It depends on your jurisdiction but landlords should be held responsible for all safety items in a rental.

More safety and local amenity focused more than anything, which I think great renters look for as well.

I understand the beauty of leverage now and will def try to balance between supplying my safety net and having enough cash to pursue the next deal.