Material participation in the rental activities still required. 

What adds complexity to our plan, is that we live in Minnesota... ...How challenging is it to meet the material participation hours needed to achieve active status?..

Hello BP Team…We have a contractor that left after the 2nd Draw and stole materials.

Does anyone have any good studying material for this exam or have any insight on what I should focus on?

Customer supplies materials ?  

As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".

Does anyone have experience with Ivory Home’s predesigned materials packages?

This is the only app I can find customized for tracking your hours and that of your cleaners, handymen etc... Anyone have any experience with it?

Quote from @Account Closed: I would say.. can you save the tub and re-glaze and redo the tile on the wall can save you $1,000 or more just on materials and labor..

A good baseline is to calculate material costs (e.g., $300 for paint and supplies) and add a fair hourly rate for labor.