So if I buy a replacement property worth $500k, can I use proceeds from the personal residence half to cover the other $150k?

Owner should file an insurance claim.

You can look it up yourself, but maybe just maybe the person that installed the tile didn’t take that precaution and now the install failed.

I currently reside in a higher-end condo in Orlando, Florida, and obtaining a mortgage with a sub 3% interest rate was crucial for making it a feasible investment.Allow me to share a personal anecdote that sheds light on the condo buying experience.

In other words, the person with the most toys, wins... not the person who paid the least amount of tax.

Echoing what Nathan said-make sure you compare the scope of work both are planning on doing and vet your person.

I paid the $4600 for new unit (labor and materials), didn't file a claim since it might cause my insurance premium to go up. 

We took the depreciation on our personal tax return in 2022.

My most gracious analysis would be this (and this is just me): (1) I think the owner is a very kind man - I’ve talked with him personally.

I would vet them intensely and make sure the lease is personally guaranteed.