Private and hard money lenders also want to see that you have "skin in the game."

I have been on the sidelines and need to get some skin in the game.

How much skin in the game will we need for being first timers.

They have more skin in the game then you do.Make sure you get clear title.

@Patrick Frairei feel like i suggest this in every rentback situation, however, it may not work as well in this situation, but have you considered twlling them to leave $5-$10k in escrow with the stipulation that it be used to evict the tenant if you arw forced to evict. if you give them some extra skin in the game, they will come back and help get her out in a year

@Lee Ripma I've thought about being the bank, When you're funding deals are you funding the entire deal (to include all rehab) and being the First position, or are you funding Acquisition/Down payment only requiring your borrower to have "Skin in the game" and leaving you in 2nd position?

If possible, we do not want to exacerbate this (of course if issues arise, we aren't afraid to evict/do cash for keys, but we want to at least try to make it work first). 

Many of the above over pay and have a long time-frame... to "mitigate the risk" I guess there are many ways to skin the cast....Im using leverage and in it for the cash-flow and forced appreciation, not land banking and hoping. 

Typically, they want more skin in the game 50%-65% LTV is common.  

They have more skin in the game then you do.Make sure you get clear title.