As long as you don't have any huge expenses coming up on it in the next 5ish years, then it might make sense to keep it. 

The way I look at it is, as long as my insurance policy covers me for up to or greater than the value of my other holdings, I'm good*.

The problem I'm running into is the amount I'm pre approved for is the max income to debt ratio the bank is allowed to give a loan out for, to individuals (43%), which is fine because in a perfect scenario as long as the property is cash flowing every property bought will lower your income to debt ratio, making it possible to keep buying property's.

Do not overthink it, you can wholesale houses without being licensed in Michigan as long as you have the proper disclosures in your advertising.

If you can buy it, you don’t care what the seller owes, as long as he can pay off his liens and is willing to sell at that price. 

So long as the property is rented, your tenants will be the ones covering the expense.

As long as the numbers work for you & your area, I’m sure it will work out great!

One type very fast and don't worrry to much about spelling and punctuation as long as i get the point across and then to help the beginner RE investor AGENT , mortgage professional  that is starting out  fields I have experience at and add valuable content. ( value being in my own mind LOL)  On the flip side I suspect BP has spent considerable sum on these new website developers doing what ever it is they do to configure this site.

I guess they don't care where the money is coming from as long as its paid!!?! 

The sale out of your LLC and the sale out of your personal name and then the subsequent purchase in your personal name would qualify as long as the LLC is a single member LLC and disregarded entity with you as the sole member.