How do I attack a bank owned to get it at a flippable price, if they are just gonna list it, let it sit and waste away and not alter their list price...

Definitely want to sit down with you at some point, so let's make this happen in the near future!  

A life estate may be appropriate, but you should really sit down with a registered financial consultant and devise a plan first.

I would have a sit down and let her know your expectations and then either she will say ok and go or she will say hey this is too much for me.

Sit down with them and find out what some of their goals are, do they align with yours and the direction you want to take this property?

But for now, it's just sitting there.

Office vacancy rates have steadily declined, hitting 10.4% in 2016, down 0.3% from the previous year.This year, it is anticipated vacancy rates will sit at 10.3%.CoStar Portfolio Strategy Director of Research, Walter Page, anticipates seeing a huge increase in construction deliveries."

But the first position I'd hire out is lead manager since we can't sit around taking calls all day instead of going to appointments.

Gold doesn't pay rent ... it just sits there and looks pretty, but if you use Goldmoney they charge you a fee and you don't even get to see it look pretty :) If you want gold to pay you, you could buy shares of GLD and write deep OTM covered calls off of it to collect option premium ... in a panic, the price skyrockets, your shares get called away, and you have cash in hand to rock and roll and invest while there's blood in the streets.

This agreement will outline initial contributions; how each partner/owner may (or may not) increase their contribution (and ownership); the guidelines for dissolution, succession; whether a partner may sell his/her interest (and the process, etc).You and your partner-to-be should jot down a bullet list of what you have in mind, then sit down with an attorney to draw-up the actual agreement.When it comes to property management, I like to keep it separate from the ownership agreement.