Banks also won't loan for rehab projects which is an essential part of the BRRR process. 

The reason why I kept the property is that I have a 2.8% interest rate, so my principal decreases by $1,000 per month, but I essentially have no cash flow and am banking on at the equity and hopefully an increase in property value with time.

Our value is essentially just being able to take the property management stress off the owners while providing them with a steady check.

This puts me in the awkward position to have to communicate with the tenant that I'm essentially evicting.

They could essentially lend your LLC or send money to the title company directly and be the mortgage holder.

Additionally, I can then sell that property later and essentially sell my old loan as a house.

On the tail end we had a pipe bust in the attic which flooded all the way to the ground floor, essentially destroying the new drywall, paint, and several light fixtures.

Tax savings through depreciation (whether standard or accelerated) are essentially a 0% loan from the government but it must be repaid when recaptured. 

Most importantly, I have two nephews (12 & 15yo) back home that I want to be around more to influence and help raise as their own parents are essentially unaccountable.

Having the income from the second unit essentially subsidized the equivalent of a $400-450k mortgage thereby saving me $200-250 on the purchase of our own place.