STR is either a) too time consuming to run yourself or b) you lose too much $$ for a PM company.I'd just sell and dump the money into REITs or whatever your Financial Advisor says is good.Good for you for helping them out!

When you run your numbers, you will likely find your return on equity is very low.

While you might not cashflow on it right away, it can be a better way to grow wealth given the opportunity to leverage a higher amount of the purchase price since you'd be an owner occupant, and Los Angeles is (in my extremely humble opinion) more likely to experience appreciation in the long run than a cheaper market, therefore generating more wealth to continue investing with.

," or something.Also, by taking out "all the funds," you also run the risk of under capitalizing the LLC which is another way to pierce the corporate veil.

We kept the foreclosure off their record so that helps, but when rental company runs credit they will see that obligation, won’t they ? 

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

When you run out of everything he can do, file a skeleton bankruptcy filing.

Lot of the DD run-ups are from the agents directly-- it's 100% the case.

My plan is to rehab this residential home I recently purchased, cash out refi- then use the profit from that home to finish up the church property that I  acquired and run a business out of that property.

Since you self-manage, create a shell property management LLC and run your rentals management through it, charge yourself pm fees, thus generating self-income, thus being able to open Solo-401K where you can contribute 56K+/year tax deferred  (you will have to pay self-income tax, but might end up better than paying full tax on rental income...check with your CPA as this requires planning).