Would the best option be to put the property into an LLC to protect it from any legal/financial or divorce involving myself, my brother, or my sister individually?

It was completely mismanaged by one of three brothers who inherited it. 

Plus, my brother has a home a street up and over.  

But the brother or the son rather gave me a literal laundry list of things that needs to be done to the house such as the roof has leaked into the attic and then cause structural damage behind the walls also that there used to be a oil tank where are there currently is a concrete slab next to the house that was used to heat the house I hooked up to the furnace but now it's only a gas furnace but that doesn't even work and they're worried about turning it on because it does leak and you can't really open up the windows to vent it out except opening the door itself and getting out any fumes that would stay in the house.

Matt Moreland is my brother and business partner, definitely a great resource and a nice dude!

Plus Everybody and their brother sees it daily and throws offers out .

My brother (who is not a professional carpenter, but can get the job done) offered to fix the wood supports and repair the steps.

@Greg Hills My brother used to work at a great Brooklyn law firm I’d be happy to put you in touch with them.

Owned by three brothers after the father passed away the home needed allot of work.

I bought my duplex on FHA, my brother bought his triplex on FHA.