That way I am more liquid than I was.Of course individual circumstances differ, and one must consult a Financial Planner/CPA for more tailor made answer. 

I’m wondering if there might be some kind of consumer advocacy program in your state that might be able to give you more tailored advice on what to do, ideally at low/no cost.

Multi member LLC operating agreements (which are governed by partnership tax law for federal income tax purposes), can be tailored to give you just about any level of flexibility you want.

It needs to be tailored to things like form of investing, total value of assets, the assets of the owner, the number and type of employees,  even the tax status of the owner, the method they plan to use to pass assets to the next generation, etc. 

And tailor the message to the recipient as you mentioned...  

You could sell a partial, and retain either a tail or split the cash flow.

the outside I could tailor to my own taste and colors

Obviously, one should file a Schedule C or E in accordance with the tax laws, but this is a good reason to tailor your situation for a Schedule E if you can, IMO

There are tons of great BP posts on this subject, but nothing can compare to having tailor made advice for your needs.

Figure out what problem the seller has and tailor your approach to solve that problem.