Don't get sucked into the liability scare asset protection as the primary reason to form a company, it is part of the big picture but there are greater issues to consider.

I'm close to Boston so for some people its not the end of the world b/c of the public transportation.

Most important question -- if the deed doesn't get recorded into the public records (let's say the title company forgets for some period of time or the buyer/seller don't use a title company and it takes some time before one of them has it recorded), does that mean the sale never happened?

Even the city has to get property they own re-zoned with public hearings and approvals if they're trying to develop it and it isn't an approved use.

Whatever route you choose make sure you protect the compressor from theft.

And always use a professional property management company to protect your cash-flow assets!

Having NCND's and other provisions in the contracts will show the INTENT of the buyer.If they plan any funny business you will know it from their objections to signing your protection provisions.It's better to know how they will act upfront and not do business with them then to learn this on a deal and lose out.

If so, you would need much greater protections in place before beginning.

But if the non-profit was legit and there was a real purpose for the public good, there may be an alternative that would be "authorized". :)

If you use your attorney, it would seem this will add some layer of protection against that concept.