Inconsequential sample size and inadequate time frame but I ended up ditching REITs and went back to RE and TSM for the win. 

Quote from @Heather Hall: Hello, I have searched the forum but have been unable to find a sample "time log" for material participation purposes. 

It might just mean tightening standards slightly or shifting toward applicants with stronger income margins, even if that means a slightly longer vacancy.Two properties is a small sample size — but patterns usually point back to screening thresholds and enforcement consistency more than the market itself.

I found a great rental criteria sample from our local apartment association that has been vetted by lawyers in our area.

If you are not currently using an Annual Property Operating Data form, search online for a sample to use for gathering key info.

I recognize this is a sample size of one which is the smallest sample size.  

It's the sample size.Two offers is not enough data to know anything.

In all cases, I insisted on before/after pics direct from vendors.In addition to LBP form, I also included a guidance sheet on excessive moisture and mold and minor mold cleanup.Perhaps most importantly for the properties I managed (all of our units were "No Pets"), was the written Assistance Animal policy, and a sample "Request for Accommodation" letter for their Health or Social Service Professional to complete and sign.

In that case, if they had documents less than one year old, that otherwise met our criteria, we could accept them if verified.We provided a sample "Request for Accommodation" letter that an applicant could utilize, if they did not produce a similar document that answered the two allowable questions: Doesthe person have a qualifying disability (as defined by HUD)?

Building off what I mentioned earlier, using a Fix & Flip loan upfront is still one of the smartest ways to get into your first deal in Montgomery without tying up all your capital.From there, you’ve actually got a 2nd strong exit strategies depending on your goals.Option 2: Fix & Flip (Sell for Profit)Complete the rehabList the property once it’s fully finished (and optionally staged or lightly seasoned)Sell at the after-repair value (ARV)Take your profit and redeploy into your next dealThis is a great option if:You want to build capital faster upfrontThe resale comps are strongOr you decide you don’t want to hold rentals just yetThe beauty of structuring the deal the right way from day one is that you don’t have to decide your exit immediately — you can pivot based on what the numbers and market are telling you when the project is done.At JCREIG Capital Funding, we help investors set deals up with both exits in mind — so whether you choose to hold and refinance or sell and take profit, you’re in a winning position either way.I’d be happy to walk you through a sample deal and compare both exit strategies side by side, so you can clearly see which option makes the most sense before moving forward.