The residence will likely have lower mortgage payments and cheaper property taxes, Downsides: Financing and finding the right deal will possibly eliminate my current assets and I will be unable to have skin in the game for a different investment.

Fortunately, I have really thick skin.  

HML's and PML's want you to have skin in the game.

Can you use your personal homes equity as "skin in the game" in a hard money loan?

After listening to several podcasts and reading The Ultimate Beginner's Guide within the past week, I am really excited to continue learning and can't wait to "get some skin in the game". 

I agree regarding an assignment, but even then you may want them to have some skin in the game to make it harder to bail on your agreement at the last minute.

Many ways to skin a cat (sorry cat lovers).Stephen

Ever since I became vegan, I can work 15hrs with so much energy, clearer thinking, so much more physical discipline, never spend on medical bills, and most importantly if you are a female, flawless skin meaning no makeup, Botox, expensive creams. 

The lender would want to see your portfolio and track record, you would also have to provide skin in the game. 

I love this as I FEEL like it ensures skin in the game.