A lot of knowledge here, but do as much research as you can before you make a decision. It looks like a nice piece. I'm with others I would keep it in the family!
Just a stern talking and tell him to shoot away just not in your direction. I'm sure he was little scared by the police, but surely you got your message across!!
Let's say your friend ******* the deal up! Who gets the negative feedback you or him?
Sounds to me it's in the gray area of a straw purchase, but I'm not a lawyer!
Man sorry.....that's ******up as a steel toe flip flop! I would call the police everyday. Squeaky wheel gets the grease. If they just shut down shop you may not be the only victim.