The bigger programs raised their rates ridiculously and provide a lot of generic outdated material. 

Include disposal of materials and debris management.

Material participation.

Do you mean the piece of material (either steel or concrete) used for repair, or one spot of a house that needs to be lifted?

You don't want the customer to buy materials because they buy cheap materials or wrong materials.

There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷‍♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.

That seems like a huge headache, managing an STR from out of state and meeting the material participation hours from OOS.

Yes, there is an argument made that they have to disclose anything material, but that is subjective.With that said, a red flag that came up recently for me when investing out of state was when I was in escrow on a property that was purchased just a few months prior.

We allow our potential 1031 DST investors to review all the material of the properties, as well as have as many calls with our Inland reps until they feel comfortable with the DST portfolios, as well as Inland as a company.

There are tons of valuable posts, learning materials, and great individuals here on Biggerposckets- so this is already a good start.