The building was converted into apartments in the 80's but was abandoned around 2012 after a catastrophic failure of the wastewater treatment plant, the building set vacant until 2016 when I was able to purchase the mortgage from the bank and foreclose on the property. after much work and long nights I was able to renovate the building and with my background in waste water I was able to repair and obtain a permit for discharge from the state of Kentucky.

The building was converted into apartments in the 80's but was abandoned around 2012 after a catastrophic failure of the wastewater treatment plant, the building set vacant until 2016.

@Rebecca JacksonThis is not a catastrophic situation...your tenants (not to be confused with occupants) most likely found you a tenant.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

All problems are catastrophes when you have no cash. 

.$1700/month for a "Bronze" plan that hardly covers anything other than a major catastrophe

I also have supplemental inurance for catastrophic contingencies.

Of course.But will a high tide 5 inches higher than it is now (50 years from now) cause catastrophic destruction or major population shifts in our lifetime?

Since the patient approach is not yielding results, and the lack of effective response by the Association is severely damaging her unit, I recommend commencing a lawsuit immediately, and making a claim on the insurance carrier, as she has an obligation to not let the problem become catastrophic for the building. 

Items of risk: being shut down by municipal authority, liability and not being covered in the event of a catastrophic claim (fire).