:P Someone even pitched me on some wonky 1/1 ARM where my rate would drop to 0% for 12 months, then jump to 5.5% unless I refinanced (which naturally they would be happy to help me with) at the 11 month mark.

I understand all your fears and it is a hurdle/risk we have to overcome in order to ger skin in the game.

And it also depends on your goals of cash flow vs overall wealth building and things of that nature.

Most lenders will not put a lot of work into a loan until they have some sort of borrower skin in the game.

I have most of it worked out and she has reviewed it, but questioned the section that stated the tenant was responsible for the costs of repair and replacement of all appliances.Is this typical to have the tenant pay for replacement of appliances that naturally burn out? 

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

Any suggestions other than waiting for natural market appreciation?

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

Our first rental we completely redid the inside (kitchen, flooring, bathroom, added a natural gas fireplace, paint, etc...) and choose not to replace the original 1960 windows.

The kicker is, I really don't have the ability to put skin in the game.