It's located within 10 miles of downtown, has the commercial imprint that most urban areas lack right now, Madison Square is being redone, it's up and down Gallatin Rd which is the number 1 priority for transit in Metro's eyes. 

Otherwise, simply compare rates, points, term, etc, and make a decision.

And then, since I'm the contractor, bookkeeper, tax lady, and homeschool mom, I'm thinking it sounds simpler and worth the extra costs to simply let the guy stay there as a buddy, and pay him through an employee leasing service, do no rental income (or bookkeeping, or Schedule C), and just run it as a regular flip.  

I'm guessing the main point is how the landlord calculates your utility bill -- does the lease specify a formula for this or simply "utilities"?

Also what worked better for you, a set fixed price for utilities every month, or simply splitting the bill (ex: half and half) when it came?

Then Cash-out refi as much as possible of what you put into the property, and roll that over into something else, or payback where ever you got the money.That is simply one idea, and it can be done in a number of ways.  

And any amount you purchase over the amount of your sale adds depreciable basis to your property and does create more depreciation allowance.Your situation isn't hopeless but it's probably going to have to be multi faceted and one where you have to compromise a little.Unless you simply do a cash out refinance and let the property support the new debt. 

And you do have 45 days after the sale to simply identify your potential replacement properties. 

If you LLC simply owns the property, it's not clear how that would affect your state and federal taxes since the property is being used by you for personal use.

If you think I'm joking, Texas Department of Corrections was just mandated to have AC in all prisons on the grounds that lack of AC is cruel and unusual punishment in Texas.