I'm a newbie in MF so I know of this confusion firsthand.I have pointed this out a few times but your weighing in on it sure carries a whole heck of a lot more weight!

Her LLC was just created back in December 2017, and she is listed as the registered agent, although the property (albeit a physical address) listed as the LLC's mailing address, does not show that she is the owner (could be renting).Surely a realtor with a track record wouldn't risk jeopardize her name for a measly $12k right?

Educate yourself, know the risks, and move forward.Good luck out there. 

I guess when sued a shared account ties the assets putting your personal funds and assets at risk.  

Condo-tel are high risk.

I am in a similar situation; so my advice has no proof to back it, or value really...But, is the gain expected (on property flip/rentals) and probability of that gain 'WORTH' it to risk, over paying off debt that will forever follow you?

I took some risks... and it all paid off. 

They are grinding and you are not going to make a killing, but you learn alot and the risk is not too bad.

Or option B is to list your property at a price that ought to generate multiple offers that way you can move your your existing property quickly and lock in your up leg property with minimized risk. 

It is a higher risk higher potential reward way to buy property, but it can go wrong especially with a low number of purchases.