Lenders also want to see a down payment/skin in the game.

You need to have some skin in the game in my opinion. 

But they always get glowing review.

Arsenic is not absorbed through the skin and does not evaporate into the air."

There is more than one way to skin a cat.6.

Maybe to get his skin in the game, give a big bonus if it is finished by a certain date and another bonus if it sells by another date at or above some price.He can not manage money and time. 

Be willing to split the profit very favorably toward the partner until you've proven yourself and built some capital to put some of your own skin in the game.For a presentation you would also want to provide information on what teams you have access to--do you have an agent with expertise in local neighborhood pockets, one who will sell for 1%, do you have crews, someone bringing you wholesales, etc?

I want (hopefully) long-term tenants with their own skin in the game.

The numbers may not be the same but that's the general idea.The other idea I had was having the monthly fee be lower in terms of % of rent, but then giving them a slice of the cashflow of the place... this way it's almost like they are a partner in the business and have lots of skin in the gameThanks!

This is to insure that I, the investor, has "skin in the game" so to speak, makes sense.