I don't have a formal  engagement letter with the accountant.  

If an LLC engages in illegal practices, the owners can be held personally liable.

If the repairs are for damages caused by the tenant, your PM should be billing those repairs to the tenants.If the inspections show far too many repairs are needed, I would engage a real estate professional to give you an idea of valuation and net proceeds, to assess whether you should sell.Happy to intro you with our PM and/or realty team to see if they can help.

Furthermore, because I am working a full 40-hour position, I am willing to do a lot of the analysis work and so on but I would not be able to be fully engaged in the property management process.

I'm not interested in engaging in a discussion on whether you should or should not choose Cleveland as a place to invest in.

These are the target employers you selected.Pays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsI can go into more details on tenant pool selection if you are interested.Once you know your target tenant pool, determine the property characteristics that will target them:What type?

I engage with them the bare legal minimum. 

Get engaged and we will see you around!

The entire exterior needs to be re-done - paint, siding, box gutters, etc so that alone is going to cost me like $100k. it's a very expensive lesson learned.It appears that engaging a thoroughly reviewed general contractor to manage your project might be a beneficial choice.

It takes courage to step out of your comfort zone and start engaging with other professionals in the industry.