Owning it directly and actively can give you very high returns with the Leverage involved but requires quite a lot of work, quite a lot of your time, and quite a lot of your personal liability.

If you're up to the task, listing on Zillow or Redfin will be your best bet.There are numerous studies that show listing on the MLS will not only get you more net proceeds but also eliminate the liability from you as the owner by using a third party to sell the property.

I'm also concerned with the liability here.

I as Real Estate Broker am going to take on more liability, more work, more efforts, more hassles, and that comes with a price tag.     

What are the liabilities?

The insurance company wants to understand the limit of their liability and those documents spell out what the HOA says they will pay for and what they will not.  

I have experience, and cash but am hesitant to pull the trigger yet because I think i want the tax and liability protection. 

You still cannot benefit from pass through depreciation and carry forward losses to offset tax liabilities from their active source of income. 

there are prospective tenants who would be great using your property within their own business model, but just make sure you understand the insurance and liability implications of this.

I'm not an attorney, but have faced similar issues to what you are discussing.Seems like anything that includes you personally, not as a manager, officer, etc, opens you up for liability.