Here's a sample of the log with some of the errors doing RTMP decode with CC in the elementary stream and "Track 1" showing in the Subtitles menu. Also, if you like I can send a RTMP stream to and endpoint of your choosing should you want to analyze it directly. If you need more logging, let me know where I can upload a larger attachment.
Thank you!
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main debug: VLC media player - 3.0.6 Vetinari
main debug: Copyright © 1996-2018 the VideoLAN team
main debug: revision 3.0.6-0-g5803e85f73
main debug: configured with /Users/d-fu/vlc-3.0/extras/package/macosx/../../../configure '--prefix=/Users/d-fu/vlc-3.0/build/vlc_install_dir' '--enable-macosx' '--enable-merge-ffmpeg' '--enable-osx-notifications' '--enable-faad' '--enable-flac' '--enable-theora' '--enable-shout' '--enable-ncurses' '--enable-twolame' '--enable-realrtsp' '--enable-libass' '--enable-macosx-qtkit' '--enable-macosx-avfoundation' '--disable-skins2' '--disable-xcb' '--disable-caca' '--disable-pulse' '--disable-sdl-image' '--disable-vnc' '--build=x86_64-apple-darwin17' '--host=x86_64-apple-darwin17' '--with-macosx-version-min=10.7' '--with-macosx-sdk=/Applications/Xcode.app/Contents/Developer/Platforms/MacOSX.platform/Developer/SDKs/MacOSX10.13.sdk' '--with-breakpad=
https://mac.crashes.videolan.org' 'build_alias=x86_64-apple-darwin17' 'host_alias=x86_64-apple-darwin17' 'CC=/Applications/Xcode.app/Contents/Developer/Toolchains/XcodeDefault.xctoolchain/usr/bin/clang' 'CFLAGS=-g' 'LDFLAGS=' 'CXX=/Applications/Xcode.app/Contents/Developer/Toolchains/XcodeDefault.xctoolchain/usr/bin/clang++' 'CXXFLAGS=-g' 'OBJC=/Applications/Xcode.app/Contents/Developer/Toolchains/XcodeDefault.xctoolchain/usr/bin/clang' 'OBJCFLAGS=-g'
main debug: auto hiding mouse cursor
main error: ES_OUT_SET_(GROUP_)PCR is called too late (pts_delay increased to 1000 ms)
main debug: ES_OUT_RESET_PCR called
main debug: discarded audio buffer
main debug: Buffering 0%
main debug: Received first picture
avcodec debug: available software decoder output format 0 (yuv420p)
main debug: Stream buffering done (5005 ms in 1084 ms)
main debug: Decoder wait done in 0 ms
main warning: playback way too early (-1979748): playing silence
main debug: inserting 95027 zeroes
auhal warning: underrun of 1138688 bytes
main error: ES_OUT_SET_(GROUP_)PCR is called too late (pts_delay increased to 1084 ms)
main debug: ES_OUT_RESET_PCR called
main debug: discarded audio buffer
main debug: Buffering 0%
main debug: Received first picture
avcodec debug: available software decoder output format 0 (yuv420p)
main debug: Stream buffering done (5472 ms in 255 ms)
main debug: Decoder wait done in 0 ms
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835515264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835536264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835557264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835579264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835600264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835621264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835643264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835664264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835685264 for faad
main debug: discarded audio buffer
main error: Timestamp conversion failed (delay 1084864, buffering 100000, bound 3000000)
main error: Could not convert timestamp 420835707264 for faad
main debug: discarded audio buffer