Board Consent of American Housing Income Trust, Inc. Authorizing Share Issuance to Performance Realty and Others

BOARD OF DIRECTORS CONSENT IN LIEU OF MEETING REGARDING

SHARE ISSUANCE INSTRUCTIONS

The Board of Directors for American Housing Income Trust, Inc., a Maryland corporation (the “Company”) in furtherance of the prior consents approving and ratifying the Stock Exchange and Restructuring Agreement between the Company and Performance Realty Management, LLC (“Performance Realty”) dated August 1, 2016, but not closed until issuance of the shares set forth herein, hereby consents to the following action in lieu of a meeting:

RESOLVED, Issuer Direct, as transfer agent for the Company, is authorized to issue the 999,504 shares currently titled to Performance Realty bearing OFAC #29847 to those individuals or entities set forth on Exhibit A attached hereto. Issuer Direct is authorized to issue 439,897 shares of restricted common stock out of the Company’s treasury to those individuals or entities set forth on Exhibit B attached hereto.

Dated: August 10, 2016

RESOLVED:

Abstaining from Vote

Sean Zarinegar

Chairman of the Board

/s/ Jeff Howard

Jeff Howard

Director

/s/ Kenneth Hedrick
Kenneth Hedrick
Director

/s/ Les Gutierrez
Les Gutierrez
Director

/s/ James Stevens
James Stevens
Director

EXHIBIT A

EXHIBIT B