I will check with sponsor if they are co-investing in this deal to know that whether they have their skin in the game. since you guys are in the syndication offering, so wanted to see if you see anything that is not in-line with market offerings or any other red flags.

By having skin in the game, I became more aware of the market (nothing focuses attention better than having money at risk).This type of split allowed me to make tweaks as circumstances changed.

I’m in at a point where I want my next move to be doing a BRRRR and I want my agent to also be like my Project Manager, but I need to come up with an idea on how to structure this.Basically I want her to be very involve and to have “skin in the game”.

Its amazing people were getting so much money for homes back then with no skin in the game. 

If so, and you are in second position, if the buyer defaults on the primary mortgage and the lender forecloses, your second position will be wiped out and you will be left with nothing.The fact that the buyer has no actual skin in this game at all, because you are financing the downpayment, seems risky to me.  

No skin off my ....I have both so was sharing my experiences.

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

in theory yes. in actuality, no. reasoning: banks don't like loaning you money when you have no "skin in it" that's why you need down payments. you also need to cover closing costs. theoretically, banks may lend you money if the deal is so good that you have enough "instant equity" to cover their ***. for example, banks like loaning 80% of the value.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

That seems reasonable, they're not helping with damages but, at least they have some skin in the game.