In MI an LLC "member" does not need to be a natural person. A

Persona non-grata.  

I am of the opinion that this is a better model, especially if you're a hands on person as the management is minimal.

It is fair to pay that person a generous fee, or even a percentage of the profit, to work on this project.

The worst thing on a list is when they give the address and name of a leasing office person, as they are not who we need to contact.

@David M. - as far as I can tell it's pretty standard.

X-mas on the way, Thanksgiving about to hit, Its cold, post election, Corona.So the leads have significantly dropped...

.- If we move out and all 5 units are rented, in their current state with current mortgages, the properties would still cashflow over $1500/m as a portfolio whole.- We do have incomes that allow us to offset the negative cash flow and do have a reserve fund for both properties that cover unexpected maintenance, capex, and vacancies.Our goals in the next few years:- Refinance rate to the 4-5% range for Triplex (our lender allows us to recalibrate our interest rate based on base rates for an $800 fee).- This would drop PITI and allow for the property to break even/cash flow with monthly payments.- This would allow our portfolio to cashflow upwards of $2500-$3000/m if we were moved out of all units.- We would then use that to round into another property that we would then move into.- There is the potential as well to increase principal paydown through the excess profits from my company, allowing for a lower monthly payment.I guess I’m seeing what other investors’ strategies are for markets that don’t quite have cash flow yet but are trying to buy in, even if they don’t have cash flow at first.Is this even a strategy investors are implementing at the moment in order to get into properties that may be able to be acquired at a “discount”, or are we a very small minority of people who are pursuing a path like this?

I agree with the above and will add that LA is a huge city with a melting pot of ethnicities, attitudes, and personas.

That said, you aren't legally responsible for their food, and we are all presuming that you did diligently attempt to get a repair person as quickly as possible.