Sellers always want some skin in the game.

But it's a bit exhausting and irritating to deal with on a regular basis. 

Account ClosedThanks Mary for the Mention.Joe, Caleb, I REALLY want you to look at this Spreadsheet so you can understand that IRR is REALITY AND it is ENTIRELY PREDICTABLE in VERY CERTAIN ways.Here is the example:Let's say you are going to buy a multi-family property with the following assumptions:1) ZERO Appreciation2) ZERO Cash Flow3) Purchase Price: $1 Million4) 20% Down, 15 Year MortgageOn a CoCR Basis, this property SUCKS and the CoCR Investor will stay COMPLETELY Away from it.BUT.. when you model it with an IRR, it looks like this:NOTE: Both the Closing Costs on the Purchase AND the Sale has been accounted for.CLEARLY, this property will be doing well as you are using a 15 year Mortgage and still breaking even in Cash flow throughout the 15 year holding period.This is REAL... why?!

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

They bring most of the financing and you bring the boots on the ground local area knowledge and the management of the property and some capital so that you have skin in the game.

I think the best answer might be to start with an area or plan that you like ... there’s 1000 ways to skin the cat.

How often do people start off their real estate carriers with no skin in the game.

This is something that we will not tolerate as we would not expect our investors to tolerate it from us.In regards to the offense you took in us giving you your stats on income we did not mean for this to irritate you or be unprofessional in any way. 

This is humbling, encouraging, and irritating at the same time, @Matt Lefebvre.

Your skin gets thicker quickly.