I would get an attorney involved and ask about the ramifications of keeping it.The place was sold free-and-clear.

This should give you a better sense of what we offer and how the partnership works.If you have any specific questions or need further details, feel free to reach out.

I could potentially raise the rents, and put a little more down, but that would be putting a big chunk of the money I have set aside for investments into an asset that doesn't do what I need in the short term.

Gives 1000 skip traces a month for free). 

And it takes 4 free & clear to provide MEDIAN income PER PERSON.

An LLC is not free.

I like to buy my appliances on sale with free delivery and hookup.

You will then get to prorate the gain between the number of years you lived in it (tax free) and the years it was a rental (pay the tax).4.

While a high limit of $500k or $600k might seem sufficient, there are situations where these amounts can fall short.

If there is not a Board Certified Attorney in that area of law, I would get free consultations from real estate attorneys.