The best tip I can give you is to have it be very clear who does what, and accept their choices and respect the boundaries.   

@John Thedford Yup everyone has difference preference on the types of properties they like to hold. and I completely respect for your preference. 

    I would respectfully ditch the friend that is an agent, and find an agent (or agents) that are seasoned and can help guide you, as a first step. 

Respect your landlord and sell the property outright.

Our forums contain multiple posts from BP investors who are among the most respected and experienced on this site regarding the process of Adverse Possession. 

YEAR-OVER-YEAR, NON-DOORMAN AND DOORMAN STUDIOS RENTAL PRICE ARE DOWN 0.91% AND 0.40%, RESPECTIVELY.

I am capable of handling my own business but it definitnely seems like men respect and will respond to other men better than women. 

Here is the relevant language: "(ii) Substantial improvementFor purposes of subparagraph (A)(ii), property shall be treated as substantially improved by the qualified opportunity fund only if, during any 30-month period beginning after the date of acquisition of such property, additions to basis with respect to such property in the hands of the qualified opportunity fund exceed an amount equal to the adjusted basis of such property at the beginning of such 30-month period in the hands of the qualified opportunity fund."

Section by section.Also any personal experiences on strategies used during closing would be great.So far I've learned about:What it means to sell "AS-IS" therefore stating the cost of repairs would be at the buyer's discretion.Also, including the cost of transfer on the seller and buyer, respectively (especially with PA's transfer tax law).I also understand getting both agreements notarized is wise.If there's anything else that I should be aware of, please let me know.Thank you in advance for all your insights!

I wish him good luck and respect him for what he did here and what he will continue to do even after he leaves.