This can be a good starting point in getting "skin in the game".  

The Fine Young Man has experience with the rental machines (he's helped a friend with his rentals), so it's an opportunity for him to jump in right away and get some 'skin in the game' with this new house.The question is -- what happens to the original hardwood floors under the carpet? 

Has anyone found out lately that even when you present a 50-60% purchase price of ARV to one of these lenders, they still ask you if you have skin in the game?

(SEE PICS BELOW) in other words, rule out the deals that have a weird sign in the financial transaction history that says they or a "no go"  and also the financial signs that all point to YES YES YES,  PLEASE GO AND KNOCK THIS DOOR. i have hit a total of 35 doors speaking with around 15 homeowners. 2 - semi polite NO's15 - Hell no's2 - IF YOU DONT GET THE F%$ off my properties' 16 - the rest not home :) im in sales and have a tough skin, lol but im ready to get rollin again!!!

The borrower has significant skin in the game, the property has residual value and is insured.

You can also set the monthly lease payment higher then current market rents and best of all, collect an option fee up front, they then have skin in the game and in theory will take better care of the place. 

My agreement with my PM is silent on the topic of late fees, covered by this generic clause: b.Operate the property according to good business practices pursuant to a general overall plan as established from time to time by Manager and OwnerI normally e-mail my PM asking what their policy is and go from there.I've had to focus on the really big things and let the minor irritations slide.  

There are so many ways to skin the cat when it comes to REI and maybe there is something I hadn't thought about. 

I know I have to put some skin in the game and all, but I'd like to leverage with the bank's money, not my own.

DO IT NOW.There's also always the nagging concept of "skin in the game."