IS there a way to make them pay for this especially bcos they are  not keeping up with the maintenance of their HVAC unit and this is the second year in a row that this damage occured? 

Some response bias occurs because I typically only hear from the people who are not doing well and want to sell shortly after buying.

Having a property manager is the solution for dealing with matters that occur with problematic elements of our population, and in alleviating yourself from these kind of stressful encounters.  

. - My purpose in starting this thread 7 months ago was based the changes occurring at the time due to COVID. 

It was devastating the damage that just occurred due to hurricane Helene.

Most of them now have some sister entity established so they can collect premiums and then file bankruptcy and leave when events occur.

Title transfer wouldn't occur / be recorded until the option is executed.

If the PM is unable/unwilling to collect from the tenant, demand they compensate you for allowing the expense to occur.

Provide an interim document: If your lender is willing to work with you, you could submit a document showing the refinance has occurred (e.g., confirmation of the new loan terms under the new borrower's name).

Well, I do not know ANYTHING specific about the deal in question, the sponsors, or how the subject is organized, BUT as a syndicator/fund manager I will tell you the greatest risk faced by the limited partner/passive investor is NOT interest rate risk; NOT demographics risk; and not TECHNOLOGY risk; it is the risks that occur IF the sponsor’s interests are NOT aligned with the investors interests.