Less skin in the game & delegating responsibilities such as guarantee, GP equity with less scrutinyAs an LP who can only write smaller checks, why go with the GP who falls under the larger syndication category?

Well, if I'm buying to flip and it's going to cost me 3-5 months of time, effort, holding costs, risk, etc, and I'm only going to make $30k off the final sale then it serves to reason that the wholesaler would make less because they have less skin in the game.

There are many ways to skin this cat.I require 50% at the time of booking.

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.

As it was my first opportunity to get some skin in the game, I jumped on the deal and we agreed on a 5 year ballon (4% rate, amortized at 15 yrs).

For example when painting over a high gloss surface things tend not to stick.

We just never truly know what's actually unraveling under the surface that could disrupt this. 

From just surface level, if your equity is high and your cash flow is negative, those are clear indicators that it may be time to sell for a gain while you can.

The buyer must have 20% to 30% "skin in the game." 

Does the sponsor have skin in the game?