Well, I could mark this as solved, finally after severals "try and error" I found the perfect config for my VM, I was not able to use any newer version than 4.7.7 (though 5.3 works also sometimes) with this append line:
quiet noswap nozswap noutc norestore noapic udev.children-max=3 tce=sda1 opt=sda1 home=sda1 swapfile=sda1
Especially the udev.children-max=3 reduced the countless udevd errors to just one, and setting it to 2 lets me to boot with only 48 MB of RAM, again I suggest to site admins to post this info anywhere on the wiki, because out there could be many users struggling with low-resources virtual machines, and TinyCore fits perfectly with this profile.