My goal was to sell it and use the proceeds to eliminate my remaining bad debt.

So if there is a way to combine both , then we can get the benefits of the TIC - shared ownership, fractional loans, rights to property income, resale of ownership share + benefits of the LLC - eliminate liability risk extending beyond the property.Is this even possible ?

Additionally, this also completely eliminates the need for a costly third-party escrow service.

I’d also eliminate anyone with evictions within 5 years and felonies within 8 with the exception of sex crimes which are lifetime ban.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

So you need to schedule certain hours of the week and help your family understand that this is your 2nd job.Also time management and smart systems will make all the difference as well.Having a good power team and partners can help lighten the load.A bird-dog team, ads, signs, mailers can bring the properties to you.A quick elimination process (running quick numbers or even just starting out with the 70% rule) can narrow down the potential deals so you are only spending the more time consuming tasks like deeper due diligence at the county to find any liens, encumbrances or code violations on the property.Having great contractors and an iron-clad contract with workmanship and timeline penalties that keeps them in line can be a huge time saver when flipping.Always be thinking about how to streamline your systems and work smarter.Start with one system at a time. 

I’ve eliminated personal liability on any loans, keep even investments in passive participations to those utilizing no more than 50% LTV, and as a whole the leverage in my portfolio is less than 25%.So my question is, what stage are you in, 1,2,3 or some combination.  

If time is a concern, map out the minutes of your day, and see what things are getting your time that can be eliminated.

Than eliminates the live in one unit and rent out the rest strategy. 

I do believe those should be adjusted -Maybe not eliminated but have caps.In a real estate group I am sure that goes over like a fart in church but I know the super wealthy are the ones who are saving tens of millions per year from it.