There should be a formControlName
in your HTML form mapped to your component file.
<div *ngFor="let list_item of [0,1,2]; let i=index" class="panel panel-default">
{{i + 1}}.) <input type="text" formControlName="{{i}}" placeholder="List Item" class="form-control">
</div>
list_items: this.fb.array([
[''], //0 points to this
[''], //1 points to this
[''] //2 points to this
])