So, you will need to stand behind the LLC's debt even though the debt will be in the LLC's name and not on your credit report.3.

That alone makes it difficult to get the tenant to put utilities in their name.

Marco I just cringe at these posts  entrance fee is code for a a trainee that is in the tribe you know whats his name.. 

Also, what's the name of this type of contract where it's just between you and the seller?

My name is Andrew Grove, I am using my dad's Bigger Pockets account to reach out for help and advice.

Just say I decide to go through with all this and I get my name on the deed.

You can just answer it without the jazz, and I bet you know a few places right off top of head where people WANT to live, right. 

His name is Dalton Godson with Nexa Mortgage and we're using a UWM product.If you’ve found a lender willing to work with smaller loan amounts, what were their requirements and rates like?

If you kept the property, and accumulated the CF/yr, it would take you 25 years to get that same equity that's sitting, frozen in your property.Also, if you cashed out and used that same equity as a DP on different RE, at 20% DP, that equity would buy you $2M in PV, not just $700k,...and, I'd be willing to bet, you could find new RE that would have a yearly CF well over $20k/year.On top of that (remembering my initial statement above), any appreciation applied would be applied to $2M, not just $700k. 

When you have a duplex and tenants on both sides stay for ten years, it almost guarantees that something isn't right.I would study your market and determine the value of your rental, because I bet you are losing money every month.