One approach is to emphasize your reliability and track record, showing that a lower EMD doesn’t impact your ability to close deals successfully.

I'm curious if others are using structured surveys for tracking trends in experiences.

Going through the insurance process is more crucial to your strategy right now versus the tax implications.    

Are you tracking the leads in a physical format?

I can tell you're already on the right track with your goals and strategy.

Also, are there any recommended way to keep track of the rehab projects in long distance?  

Can I ask what sort of property management program you use to keep track of each of your rentals? 

However, these are the ones most commonly used:Five-of-Ten-Year Test: You must have materially participated in the activity for any five of the past ten years.500-Hour Test: You must have materially participated in the activity or activities for 500 hours in the current tax year.Step 3: Calculation your participation hoursEnsure you are tracking your participation hours.

It offers features like Automated rent collection (Tenants can set up auto-pay) and you can receive payments directly into your account without any manual tracking.

I believe it's crucial not to require an application before viewing a unit.