Glad to help.

I’ve been keeping him updated daily, showing commitment to making the deal work, but now he seems indifferent or even looking for an excuse to back out.How do I handle this carefully considering we will still be neighbors?

@James Tiu - We do this at a couple of places in South Carolina.  

Was such a proud owner of this condo that we still receive rental income till date.

Would it be easier to sell as it is and reinvest into the next property instead of going this route?

What does your partnership agreement state about this?

With this amount of cash and a mall that has a movie theater, you must be a minor LP in a much larger project.Usually there is a round of investing just to acquire the land.

I would be happy to help!!!  

I’m in the 33% tax bracket through my real job and this could be a big difference in taxes owed if we sold the property?

Looks like another bad operator is at it again with an attempt to keep their poor investments alive, this time from Rise48.