I like to teach my clients how I value properties and help them become experts in their market.Some people are waiting for the market to go down and some are not.

Even in the rare occurrence where the seller is not familiar with a 1031 exchange, a quick meeting with a 1031 exchange expert SHOULD convince him that this method of tax deferral is oversold, over hyped, and plain disadvantageous for most small investors.The 1031 exchange has a role in the situation where a larger size investment is to be liquidated and the investor is going to be acquiring real property anyway with the proceeds.

As far as what to do next I’ll leave that to the expert MHP folks.

What are options to fight it if I disagree or have some insurance expert to review the coverage?

@Kevin Green, I took a closer look at your pictures - keep in mind, I'm just looking at some pictures, not present at location and far from an expert - but here are some other observations:I think you have a problem with that retainer wall also - is already buckling, probably from not having a proper drainage behind it (yes, hydro-static pressure will move big stones walls) and sooner or later is going to crumble.

Below are a few my questions for you experts out there. 

Talk to some experts!

I see that you are an expert in the business of establishing and running Assisted Living Facility businesses.

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

As far as price, you will need to bring in experts to put a number on the damage.* Structural Engineer to assess the damage* Make sure you communicate with the city, to learn of their requirements. * Contractors* Broker/Agent to help you with compsJohn