Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years.

However, have you ever gone downtown to the steps near the capital and witnessed a Trustee sale? 

There's a self-proclaimed Section 8 guru online who claims he hires random property managers through this website called Thumbtack.

Quote from @Danielle Levy: Lesson learned: provide the full story up front and you'll get better advice.If you feel there's a case, put together all the evidence.

But yes, now that we are here, maybe let him know that if things do not get up to date or cleaned up you will go to his superiors.When people are late right at the beginning, I let them know that the behavior is not acceptable and let them know there are consequences to that bad behavior. 

I agree with the others.

A prudent investor doesn't seek quick riches through shortcuts.

Ironically, high income earners can make more passive income through tax mitigation than they can through buying high cash flow deals in nearly every situation. 

Were there any "intangible" value created through this build that wouldn't be reflected in the numbers? 

The first one to hire would be the accountant.