I know enough about its condition to ball park the work needed to bring it back online not as a Project HUD (that ship has sailed) but as 'good' C-Class property.

He suggested a Partnership called "Tenants in Common" as a way that you keep control no matter what you contribute on a property's price and have different agreements with all Partners regardless of their percentage of their contribution of the purchase price.Whatever you do just be careful, understand it, and feel good about the Partnership or anything put in writing that's a business liability of your personal involvement or responsibility whether it's monetary or not.Good luck to you!

Whether that's your own or someone else's, it doesn't matter.

Anyway, the tank sweep company said they don't do oil tank removal and to take matters up with their insurance. 

@Chris T.Yes, discuss the matter with your custodian.In all likelihood, they will need to have the money returned, and a new set of investment paperwork submitted for any future transaction.

I don't think you'll have a huge problem having it listed for sale online as renters won't be looking where properties are for sale.

Your contract will govern, but get title insurance no matter what!

I know it behaves like a condo is some matters

They offer over 8 online classes that have to do with Management and investment properties, they have discounts on the classes every so often but they are usually under $100 and you can get the entire class package for $456.

From what I understand it doesn't really matter if we have a local CPA or a long-distance CPA, as long as there is good communication.Does anyone have any good recommendations for CPAs in the Northern New Jersey area or one who operates well with electronic communication.Thanks!