My one thought, you have no repairs( there is always some) and they have fixed the big things for the last 3 years, this will make managing and maintaining much easier but you will not be able to do any forced appreciation.

For LLCs taxed as partnerships and S Corps, the capital gains and losses maintain their character as capital gains and losses and flow through to the owners on their K-1s. 

I understand there is some maintainence, ie the occasional dose of.      

He maintained the property very well, no immediate renovation issues were seen other than dated kitchens and flooring.

Excellent reminder for all, thank you.I have a contract with a fire protection company to test and maintain detectors, as well as maintain/recharge/replace fire extinguishers.  

A properly installed and maintained system will last a long time.

They saved a lot of money because they did not maintain things or manage anything.

I'm fine with them, as long as they've been well maintained.

<--I have a very good wholesaler.If I was in your position and you have a great situation where your property is self managed and with minimum to no tenant headaches, I would maintain the property and look to get a 1) line of credit - my preferred COA or 2) refinance, to use the capital to acquire a property.

Some drill but some maintain existing wells but send you to someone else for drilling.