Quote from @Timothy Franklin: @Trevor FinnI would agree with your breakdown, but why overlook a potential to run the 91k subject-to with a targeted 6 month hold for flip or 18 month refinance?

If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.

@James Wise has a great video explaining this: As an investor focused agent with boots-on-the-ground here in Cleveland- I would love to help you find and purchase a solid property!

Additionally, I wholesale deals and we buy & hold in SE Wisconsin.

You can probably hold out for the right renter but you might be waiting a couple months. 

Some rentals just aren’t worth the hassle to hold on to.

In either case there is either no loan to purchase or a short term loan that could not be used to hold the property long term.

If this is for a SFH and you have owned it for a few years then you can probably get a hold put on the tax increase for a few more years.

One buddy of mine split his time between local flips in Greensboro and buy-and-hold single-families in Memphis.

If you believe it will continue to appreciate (like most of San Antonio), I would hold on to it even if there's a bit of negative cashflow for the first year or two.