A good checklist for quarterly walk thru, checklist of age on appliances and mechanicals for forward planning and do the upkeep to keep things in good repair.

I also assume there’s a written penalty on the books for failure to disclose these are all things I hope you r realtor can answer instantly and 100% confidently. 

In addition, I would point out that the failure of this old PM to live up to their obligations caused you "damage" which they are responsible for.

You should carefully review the terms of the loan, before you agree on proceeding with the loan process. ...Here is the TERMS AND CONDITION review and get back to me immediately.{1} The applicant will start the repayment of loan at the end of every month starting from 6 months after loan has been transferred, the loan is charged at 3% interest rate.{2} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately. {3} Applicant who is unable to meet with the repayment will be given 2 weeks more as a grace period before legal actions will be taken. {4} Note: As soon as you in agreement with the terms and condition below your loan will be approved by the governmental body so as the loan papers can be processed. {5} Note: The borrower will be responsible for the loan processing/documentation fee and this is the only fee expected to pay for this transaction to have your loan transferred to you as soon as possible, NOTE: This payment will not be deducted or added to the loan IT IS PAID UPFRONT $1075.00. * Your inability to pay or agree to the payment of the upfront fee, means you are incompetent of repaying the loan.

What is your financing mechanism? 

We have several options to minimize squatters and breakins to steal mechanicals:1) Remove Mechanicals (so can't be stolen), install ArmorGuard doorjamb reinforcement to make it harder to kick in doors and use double-key deadbolts so entry thru a window still doesn't allow opening of a door for greater access.2) Install DAWGS which are metal screens that replace doors and cover windows to deter entry.

Depending on how many you go through, heaven help you if you have that, in addition to a major expenditure (i.e HVAC failure, roof) For people with not great cash flow, you wipe out yearly profits every time.

If you have a plan B you have already accepted failure for plan A you are just waiting for it to happen.

DST's have low returns like 5% and lots of fees, but other syndications like mortgage notes can earn up to 12% out of the gate with no record of failure, thus potentially offsetting that initial tax hit in the long run, but you have to do the math. 

For brevity, we'll assume you're familiar with the mechanics of executing a like kind 1031X transfer (if not see here) and focus on why regional investors consistently invest in Oregon for 1031X investment properties and how to search listings for sale. - Comparative Value : RV Park, Storage Facility, Industrial, Warehouse, 5-100 unit multi family anyone?