I would refinance and extract significant equity (at the cost of cash flow). 

They initially purchased OO with low LTV and value add and extracted the gain. 

Equity Extraction Options:Home Equity Line of Credit (HELOC): Offers flexibility to access funds as needed, similar to a credit card.

My goal would obviously be to extract some of the equity of the property while I maintain ownership AND protect the new partner at the same time.

The "fortunate part" is because I was able to extract value from the sweat, money and stress I invested.

I like value adds and appreciation as my source of return because they 1) allow me to extract my investment to leverage elsewhere (we only have one property with any of our investment trapped in it) 2) it is taxed deferred (unlike cash flow).

Do people think extracting oil from other countries that have no standards whatsoever is less harmful?

It completely ignores the cost to extract the gold and bring it back from space. 

They professionally extracted and remedied the situation, plus added a sump pump. 

Obviously snap traps (extended triggers baited with reeses, pnut butter, bacon, or vanilla extract) are the way to go to remove as many as possible as quickly as possible.