I get your concern that equity is being stripped by accrued interest and fees on the 1st but you can only stop the bleeding by foreclosing and trying to sell.

If there was a Property Management company that set aside an undisclosed amount of money accruing into an account you can see on your profile page on their website (Let's just say $60 a month per property) for the purpose of going into deals with you.

your lucky what type of damage did you accrue?

You could sign a contract stating that all equity buildup that accrues after signing the TIC contract is split 50/50 and that's a way to make the transaction easier.  

The HGAR membership fee is a little under $600 per year, but that's a business expense and you're going to use it as a tax deduction as well as all the other expenses accrued for business related tasks. 

Accrue the payment out over time, for a nicer even cash flow.

Whoever takes possession will clear your lien + accrued interest during the closing process.

I want to be involved in the real estate world and accrue money for future investments by exploring different options that are available to me.I have skills in web development and photography, and I'm currently trying to piece together a real estate / architectural photography business.I'm also considering working for a property management company for experience as well, but finding it difficult to break into that arena based on lack of experience / work history in management.  

You accrue the pref and make distributions against the accrual. 

I intend to pay them off before a cent of interest has accrued.