You already know of this because you practice it, so I wouldn't let this one get under your skin. 

Ideally, the Borrower would make a single payment like they are used to and my Investor has security based on the hypothecated Note.Or, must/should I have Investor in 1st position with a Security Instrument and Note based on agreed to terms and then create a Note Rider for a Wrap Loan between my LLC and Borrower spelling out those agreed to terms along with a 2nd Security Instrument in 2ndposition.Example:Borrower Pays: 12% and 3 PointsInvestor gets; 8% and 2 points (spelled out in a Note)LLC gets: 4% and 1 pointPerhaps there are a number of ways to skin this cat but I’m looking for a simple, yet protective, approach for both Investor and LLC.Thanks,Steve

Even GP investment sometimes is not real investment if their skin of the game is coming from their parent or loan as well ( a LOT doing this).

No matter what, if this is your first investment property deal, you will have to have some "skin in the game" with anywhere from a 10% to 25% down payment, plus closing costs and required reserves.

Usually, they want you to have skin in the game. 

Some teenagers also broke in and vandalized some things which exacerbated the problem.

You would need to bring 10-15% cash down for your skin-in-the game.  

You're taking some of the risk or have skin in the game by handling 50% of the expenses.4.

I even created my first LLC to start the fix and flip business, funding it with enough skin in the game, elsewhere hoping to use OPM rather than my own capital to fund these projects as it has been difficult finding a lender who is comfortable with loaning to me solely without an LLC.My goal has always been to match my W2 income and eventually double it and more so I can work as a hobby rather than relying on it to live.

You having no skin in the game would make them additionally wary.