Do you know the logistics of how that would go as far as getting Bill on title?

The demolition is always a satisfying part of the job because it happens fast, and it comes after so much time and investment has been made in design and permits, engineering, remediation and logistics.

@Pat L. gives a good breakdown of the process and logistics.

., tumbleweed) is that you can't legally add them to parcels as they are considered RVs (code violation and a plumbing logistics).

Do you have the time and competency to oversee the work, keep the trades and vendors coordinated, handle the logistics (e.g. dumpsters, deliveries, etc.)? 

So if we also had to figure out when all 37 people who are profiting from the transaction invested their capital, and on which day their proceeds checks arrived, we'd be spending ALL of our management fees paying the accountants and bookkeepers (I mainly just wanted to get both of these words into this paragraph).2)Logistics and protocol.

Is the issue that the owner does not want to bear the {potential} costs of removing the tank or they are simply unable to deal with the logistics?

The tenant has to logistically look at the site location and see if it works on multiple levels for their business.

I already own a duplex and have good cash flow from those units but it will still take another couple of years before I can afford to buy another one.If I can work out all of the logistics, do you think it is worth doing the conversion or should I save the $40k and wait to use it to invest in a separate property, like another duplex?

If it’s simply a matter of too many absentee owners, then it’s not scary for buyers, but it does create some logistical challenges when selling.Find an agent that’s been successfully selling condos in that building and is super familiar with the in’s and out’s of the building, the association, and the area.