That led me to Nancy Fox and Dr Bill Thomas, the leaders in senior housing innovation.

@Richard Benjamin Wilhite, @Bill B.makes some good points about loan terms and the strict identification rules for a 1031 exchange.I would add from a tax mitigation perspective that buying the largest property possible will give you the greatest amount of cost segregation possibility and at the lowest cost since it would be one study rather than several. 

Quote from @Miguel Del Mazo: It basically says that if the electric bill is twice what the same month's bill from last year was, the overage will be charged as a fine.That's a good barometer actually.

Every where you turn there are STRs going up on the market fully furnished because they couldn't pay the mortgage and bills with the rental income. 

:Originally posted by @Bill F.

Our portion out-of-pocket was the $3K deductible.I'm friends with numerous apartment owners. 

We are looking to wholesale outside of our chosen market to help build capital for projects within our chosen market (Louisiana) as I have potential deals in other markets and am not confident in how to proceed with them contractually, (don't want to be stuck with a bill I can't handle currently and also want to ensure I'm operating correctly).

I provided a link to the bill HB 2297.

You can bill them for the issue but getting them to pay is a whole different problem. 

Well right off the bat if you're interested in wholesaling, and you're in Maryland you should familiarize yourself with House Bill 301 which is likely to pass.