It's definitely a legitimate concern, especially for those who own a lot of property and are getting calls like this regularly. 

Previously I was just thinking of doing regular LTR but I saw the need for STR because it's near downtown, hospitals, and other entrainment spots so, I took a stab at STR.

I was more about how using Wordpress allows a regular person to build their STR booking site without a ton of technical knowledge.

Regular vacation properties and second homes can struggle to qualify for a 1031 exchange, but this property in La sounds like it might live in a gray area.Your first step is to make sure that this property is a good candidate for an exchange.

The goal of this format is to provide an informal but regular space for conversation, peer-to-peer conversations and sharing of resources and best practices.

I'm a pharmacist and my TI for just regular pharmacy was very low. 

Hard to prove in court and make it stick.... regular inspections on your part may have avoided it or limited the full extent of the damage.

Goes back to better screening, regular inspections and better leases.

My recommendation is that you also speak with a real estate attorney that regularly represents investors - you need a game plan going forward on how to structure your current and future investments.  

It just need a regular cleaning with a few added things like cleaning appliances, cupboards, baseboards type of stuff.