Taking care of someone's asset is a responsibility that you should not take lightly. 

Purchase price: $1,000,000 Ravine ApartmentsWe purchased, Silvertree Apartments in 2022 which was a run down 20% occupied apartment complex that was an eye sore for the city of Silverton (suburb of Cincinnati).

Hello Prashanth, as of now, I do not have a team together.

Hey @Meghan BegueI used to live in the Springs but now live in Denver and invest out of state.

Welcome to BiggerPockets Jae and best of luck investing!

The only reason I stopped using them was I sold most of my portfolio and turned what was left of my NC properties to a property manager.

I’m not sure all of the regulations/rules to this in PA though.

Unlike a 1031 exchange, it gives you more flexibility in timelines and reinvestment options:- You typically have two years (sometimes up to three) from the end of the tax year in which you receive the insurance payout to reinvest in a similar or related property.- There’s no requirement to go through a qualified intermediary, as with a 1031 exchange.3. 1031 Exchange: A 1031 exchange is also an option but is generally less favorable than a 1033 in involuntary situations.

Typically, the owner is the only one that can sign a lease as they are the owner of the property.

Yes, I would contact the pest control company and demand they pay the cost of repairing this.