And I would highly recommend you find a local active investor who you can provide value to (for free), in exchange of them helping you learn the ropes. 

You could mentor them to help them become successful in exchange for a percentage of their deals. 

I leave the LLC as is (single member-only me) and we would have an agreement that he loans the money  to the LLC in exchange for 40% of profits on the deals.

With economies outside the US slowing, exports getting more expensive in their destination currencies and ever cheaper (in exchange rate) outsourcing costs it’s hard to see how we’re going to generate much wage growth and/or inflation that would spur the Fed to raise rates materially.

Thats precisely what I've been telling @Bob ad nauseum.

The are now paying 3% below market (market moved in that 18-months), but that is fine by us in exchange for a good long-term tenant.

Easier said than done, but it's possible to find experienced investors to work with if you offer them something in exchange. 

Then I 1031 exchanged into larger properties, 6, 10 and 14 units, still needing a lot of renovations.  

And what would you do with 850k of 1031 exchangeable cash with the goal being monthly cash flow and financial freedom?

Exeter Exchange Services.