Such powersshall include, without limitation, the power to:(a) Expend Limited LiabilityCompany funds in connection with the operation of the LimitedLiability Company's business or otherwise pursuant to this Agreement;(b) Employ and dismiss fromemployment any and all employees, agents, independent contractors,attorneys and accountants;(c) Prosecute, settle orcompromise all claims against third parties, compromise, settle oraccept judgment on claims against the Limited Liability Company andexecute all documents and make all representations, admissions andwaivers in connection therewith;(d) Borrow money on behalfof the Limited Liability Company from any Person, issue promissorynotes, drafts and other negotiable and non‑negotiableinstruments and evidences of indebtedness, secure payment of theprincipal of any such indebtedness and the interest thereon bymortgage, pledge, property of the Limited Liability Company, whetherat the time owned or thereafter acquired;(e) Hold, receive, mortgage,pledge, lease, transfer, exchange, otherwise dispose of, grantoptions with respect to, and otherwise deal in and exercise allright: powers, privileges and other incidents of ownership orpossession with respect to a property of whatever nature held orowned by, or licensed to, the Limited Liability Company;(f) Lend any of the LimitedLiability Company property with or without ­security;(g) Have and maintain one ormore offices within or without the State of Iowa;(h) Open, maintain and closebank accounts and money market mutual fund accounts, and draw checksand other orders for the payment of monies;(i) Engage accountants,custodians, consultants and attorneys and any and all other agentsand assistants (professional and nonprofessional) and pay suchcompensation in connection with such engagement that the Managerdetermines is appropriate;(j) Maintain such insurancerelating to the business of the Limited Liability Company, and uponsuch terms, as the Manager determines is appropriate;(k) Enter into, execute,make, amend, supplement, acknowledge, deliver and perform any and allcontracts, agreements, licenses, and other instruments, undertakingsand understandings that the Manager determines are necessary,appropriate or incidental to carrying out the business of the LimitedLiability Company.In exercising their powers,the Manager may (i) rely upon and shall be protected in acting orrefraining from acting upon any resolution, certificate, statement,instrument, opinion, report, or document believed by them to begenuine and to have been signed or presented by the proper party orparties; (ii) consult with counsel, accountants, and other expertsselected by them and any opinion of an independent counsel,accountant or expert shall be full and complete authorization andprotection in respect of any action taken or suffered or omitted bythe Manager in good faith and in accordance with such opinion; and(iii) execute any of his powers hereunder or perform any dutieshereunder either directly or by or through agents or attorneys.

I signed up online but my account was inactive until recently.

So Adam, the reason I asked why you want to buy a primary residence and a 5+ unit in the same year is because you have a history of inaction (and your goal is far more ambitious than your previous attempts at investing):2 years ago you posted: "I live in California and I am looking to buy my first buy and hold multi family.

I believe in active partners.  3 seems to have worked for me in the past.  

That drive was logged and shows that on a Sunday evening at 7:30 pm, I was engaging in active landlord/property management activity.Document.

In Ground tanks (active or inactive)3.

@Laura Williams sell them off, take your profits and invest in actively or passively invest in apartments.Why take the loss unless it helps off set something from your income!?

I doubt we'll all agree but the risks of investment INACTIVITY or complacency is also increasing. 

I set up an LLC in the fall of 2021 but have not done anything with it to this point beside pay the necessary fees and taxes to keep it "alive." When I first opened the LLC, I was under the wrong impression that if I ...

I was on the board of the HOA at the time and was shocked at the inaction (I was new to the PNW and the passive aggressive ways here).