I wouldn't never get involved with such thing. I'm glad that my parents got out of all of them they inherited, one is not really maintained, one is now filled with junk though maintained and last one was some land on an island in next country, meaning passing over sea twice...
I do understand some level of attachment, but unless all owners agree on what to do there can be many headaches...
And in fact, the owners sold the smaller house to one of the family members and the larger house which is split among something like 27 owners is now up for sale for something like $6million.
As I wrote elsewhere I decided not to split my dad's house with my brother. Just seemed like too many opportunities for conflict. I'd rather just go up now and then when it's available.
I do understand some level of attachment, but unless all owners agree on what to do there can be many headaches...