Nobody can give you proper advice without learning your entire business and financial circumstances.

I would say, heck yeah they're worth it, to investors that are willing to take on the challenge & go about it properly after assuming the risk/reward.

Everywhere I operate allows us to cut locks once the proper lien notifications have been issued. 

What's is the proper way for me to reimburse my LLC for the credit card expenses?

No matter how many deals you do, having a license is having your own business and running it properly takes a lot of time and effort.All in all, I love it.

I am not sure if you are properly accounting for property management, vacancy, etc.? 

Sell it now, net gain about $40-$60K after taxes, commissions, listing price, etcTo properly and adequately answer this question, one would need to know your strategy and goals.Strategy A is based on cash flow to support living expenses.Strategy B is long term wealth building - appreciation (market and forced) combined with principle pay down, depreciation, etc.If you strategy is A, then you should sell as this will not turn out positive for several years down the road (unless you utilize some sort of house hack play, vacation rental to increase income, or any combo of increasing income and reducing operating expenses - which by the way you skipped a lot of those in your analysis so your negative monthly cash flow is actually greater than you explained.)If your strategy is B, then by all means keep it and enjoy the likely future appreciation, amortization and depreciation deductions to offset your actual loss each month until the unit goes cash flow positive.

And, when properly maintained, even though you get a depreciation write-off, the asset often appreciates in value. 

As strange as it sounds, cleaning carpets can bring out even bring out odors that you couldn't smell before.The ozone machine should help take care of this, just use it properly. 

Emphasis on the licensed part.You could get in a lot of legal trouble for not having proper credentials and acting as an agent for owner.