I answer these messages with a few questions and most people fade away before we can have meaningful conversation. 

The ONLY way to effectively and efficiently generate/extract motivated sellers from the crowd is by having people that WANT to sell, find YOU.

That's why I'm thinking a lawsuit from the neighborhood might push some meaningful response. 

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. 

The prospect of engaging in meaningful discussions, sharing experiences, and building professional relationships is of paramount importance to me.Srini Reddi

The house a year later is comping around 930k, meaning ive made the same amount in appreciation in a third of the time.

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

Without knowing the specifics of (1) your personal situation and (2) the particular property market conditions for the property market your property is located in and (3) the condition of your house, etc. it’s impossible for anyone to provide meaningful advice concerning whether or not to entertain this offer.Many states have standard contracts and procedures which have all but eliminated the need for an attorney when the sale of real property is done utilizing the “usual” methods of financing and ownership transfer.  

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.