F1 visa and LLC

[Drgon]

Hi,

After reading many discussion in this forum, I understand F1 vias holder can not run the business but can own company and be a passive investor. What do you guys think about following idea?
1. Form LLC having only one member who is a F1 visa holder and choose "manager-management LLC". This LLC is a small retail shop and will be operated by the manager and 2-3 employee.
In this case, the member will be a passive investor. Is it correct?

2. In this situation, what the member can do for his/her company except hiring a manager?

3. The profit from the business will be given to the member as the form of dividend. There is only one member and he/she has 100% of interest. So, the member can get 100% of profit from business as dividend?

4. The books I read say the dividend can be granted to the members in every month or once a year. Is it correct? Those books also say the members need to pay Self-employment tax. Inactive member (passive investor) still need to pay this tax? Another question related with this, I was told that a person in non-resident status (IRS definition) does not need to pay self-employment tax. Is it correct?

5. Can member fire the manager and hire new manager at any time?

6. If all my questions above are correct, F1 vias holder can run the business legally with that type of LLC if he/she hire the manager who agrees to follow the member's concerns in every situations.
Is it correct?