. $5MM happy to share more info. let me know what metrics and details you need.Thanks MarcelloI would need a lot more info but on the surface it doesn’t sound like a good deal.

Any clarification on that would be appreciated.Also from my research hard money lenders want you to have skin in the game.

I agree with J Scott above, many ways to skin this cat and there are no set standards.

But, in general with all contractors you get to pick two:SpeedCostQualityFor myself, one reason why I started paying more for better contractors is the headache you save, not to imply cost = professionalism, but in Cincinnati, to do a surface rehab for $30k you are dealing with unlicensed, uninsured, unprofessional people. 

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

It seems to me that if the investor has enough skin in the game and the ARV is sufficient, that mitigates a lot of the risk. 

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.

I also ran across a tool called Mashvisor recently that appears on the surface to provide data on investment areas, but to my point, it can be overwhelming and time-consuming to test and learn all the available platforms out there. 

I acknowledge that this post will upset a lot of people with a lot of skin in the game.

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