I read off my own "teaching copy" of the list, which has presentation notes attached.The majority of my tenants come to me with the past experience of having multipage leases in small print thrown at them for the first time on the day of the signing as the property manager or bumbling amateur landlord waits, sighing irritably and checking their watch, if the tenant should have the temerity to actually try to read the document.

They need skin/blood in game or human nature occurs. 

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

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

Generally, investors want their deal sponsors to have some skin in the game financially.What you've described seems more like a hard money loan type of situation, which is going to cost a bit more than equity investment. 

LTV - I’m indifferent on having equity, however, if I would of originated the note I would of looked to have at least a few thousand dollars as a DP for the homeowner to have some skin in the gameRate - 8 - 12%Term - Longer than 15 years and at time of acquisition no more than half of the way throughAs-is Value - greater than 50kMortgage PMT - greater than $400/monthLocation - In a populated city of 20,000 people or greater along with strong economics. 

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

Everyone feels better when the borrower has skin in the game.Here’s what I suggest.

I'm almost certain a hard money lender is going to require you to have some skin in the game since there's not a whole lot of left over meat on the bones. :-)   Maybe a more senior investor could give you better advice but this is my observation.

I’m just wondering “how” I can skin this cat.