However, after taking a deeper look at the financials, we realized the property would barely cash flow.

It's a big step but will surely move you forward in your journey for financial independence. 

My primary focus right now is Duplex/Triple & REI investments, with a goal of achieving financial freedom.

Thats the key, with out knowing all of this then its just a shot in the dark or having bits and pieces of info and trying to solve the financial freedom equation with out the full "picture."

Hey @David Cherkowsky, I'm not sure how much vetting you did for the tax pro you found on BP but I'd recommend getting referrals for such an important position on your financial team. 

You’ll also pay transaction fees disposing the asset, likely in the $40k+ range.I don’t think you have a clear-cut answer here, but you’ll need to rack up all the financial trade-offs to make an informed decision.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Just seeing who requires new owners/landlords to provide their financial documentation upon signing a management agreement?

I believe that real estate investing, whether that be passive or active investing and the financial freedom it brings.

We review three months worth of bank statements (with scrubbed account numbers) to verify income and their financial health as well.