Your best bet for selling land in NJ is to know exactly what can be done there and build out a small plan for a buyer on what they could do.

Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.

YUP Trump may come out on Monday with another executive order shutting down all evictions.. but then to balance that i bet if that happened they are going to force lenders to take missed payments and add them to the back end of the notes..

The FHA loan is pretty limited in how much of a "fixer" you guys could purchase, I bet he could qualify for a conventional loan at 3% down which may increase your options (food for thought).As far as structure goes you two should sit down and discuss length of ownership, exit strategies, etc.

We just moved here and I'm betting that the market will see a slow down from this.

Otherwise PayPal or Venmo (a transfer app owned by PayPal) are two other popular Safe ways to transfer money. 

Cleveland is the market I am most familiar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.

If you know it is a great deal and fits into everything financially, play a little chess, hedge your bets and give it to the seller easy.

Those are your best bet.

(good luck getting through and getting an answer since all this just happened today I'm betting there are many questions floating around... just like this one)No link, just the news story I saw.