However, I've come to realize that Utah (the market I'm in) is a non-disclosure state so I can't find data on sales prices.

Evaluate how many would EVER tell you 300k is the typical return.

In my software, the checkbox is called "completely taxable disposition."

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere? 

Since we just got the certificate of of occupancy literally two weeks ago,  we are looking all options to maximize return on investment. 

If so, invest.Then, ask yourself does this property provide the characteristics you need for it to give you your return-- location, rental demand, buying demand, physical structure, etc.

Our commercial loans are also with them so it would be great if all of our loans were in one place, but in order to refinance all of our loans with them now I’m guessing we’d sacrifice a few points on some of them and have higher payments impacting cash flow not to mention a lot more interest paid over the term of the loan which makes refinancing a non-starter unfortunately.

Profitable months cover non-profitable months, so budget and expect it.

Conventional non-owner occupied loan. 20% down.What was the outcome?

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.