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

Looks to be in great shape, great location, seems lucrative on the surface.

Nothing is very new in real estate the laws were laid down years ago and pretty much the same.. couple concepts.. buy low sell high.rent for more than your all in costs.get a license and broker real estate for a career.get a mortgage license and help others get funding get an apprasiers license and get paid to evaluate properties and write reports.Work as a property manager and get paid to manage.ETc ETc For courses you may wish to take.. simply go to e bay and buy most every guru's courses for 25 to 50 bucks each go through the tapes and books you will find most of the information highly redundant because nothing is new there is only so many ways to skin the RE cat..

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.

I have been very interested in the lease option investment strategy lately, but when I spoke with my local attorney, a serious risk surfaced that I want to understand more.

from that you can see if you own from the studs in or from the surface of the walls, etc.  

@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