You can cut loose the management company but probably would want to have an audit.You need a good CPA and a good lawyer.

Now here is my question, since this realtor hasn't done anything to promote the property and the person who told me about the property is the nephew of the owner, could we just wait until the end of the month when their contract with century 21 expires and then hire a lawyer to close and draw up the contract?

need wholesale friendly title company or lawyer in Staten Island 

Sometimes your lawyer fills that role.  

Always always always research the zoning before buying a property.Disclaimer: I am not a lawyer, and this is not legal advice.

You can find it here...http://www.ksefocus.com/billdatabase/clientfiles/172/4/1720.pdfDepending upon what strategy you are looking at leveraging, a lawyer may or may not be necessary. 

You need to talk to a lawyer.

I also like that you can have the lease e-signed with Rocket Lawyer.

I'm not a lawyer, but I have read enough on it to know that I don't like doing it, can open up the rest of the partnership to liability if one partner gets sued for something, even if its not related to the property owned.For 4-plex properties and smaller I buy them in my name then Grand deed them to the LLC after closing.  

My lawyer told me it can easily take a year to evict a tenant in NYC and possibly longer if they play the system or have kids.