Phalaen is Ailin' Opsis

[myrrh & frankincense]

Here are photos of the Ailin' Phalaen.

FYI I have only seen roaches twice in over 2 years here, kinda doubt it's roaches.

Been watering it (drenching it) every 5 days faithfully. Haven't given it a steam bath yet - should I?

If you have any suggestions on how to avoid a slow painful death, I'm all ears.

Note that the large black holes on the leaves were there when I got it. It's the lighter holes that are new. And note that there is some yellow creepin in on one of the leaves.

I took out some of the bark and there appears to be some root rot...? Maybe I am overwatering??

Thanks,
D