OK< I guess I understand getting in with skinny money.Then you'd better get something you both agree on for escrow to do draws and make sure it is understood by ALL. 

Some of the best deals are small M&A deals though and those outnumber the headline-grabbing IPO deals by many multiples. 

By commercial standards lenders like to see net worth equal to the loan amount so by that he is a little skinny and the lender really is at fault for giving him that loan without additional credit and reserves.I am not faulting the guy but to expect the American dream to always go your way is unrealistic.

Just on its face it seems too skinny for my taste .

So when the market is skinny and deals are tough to find does that mean you’re gonna go wait on tables at a restaurant?

I think the deal is too skinny to do, but that is just my opinion.

I believe the second link I gave you before covers the skinny on my thoughts on that. 

$6000 to protect damage for a 6,000 SF home seems real skinny to me.

In general this strategy lets you get involved with investing in a way that makes a "skinny deal" a real deal and gives you the power to scale relatively quickly for a low amount of cash relative to the value of the property.Otherwise it's a bloodbath looking for the properties that cashflow well, aren't price-inflated, and don't need to be lived in personally to make work -- they're out there, but a bit like narwal these days.

The new normal is skinny deals, play/pray for appreciation, or pull an off-market miracle.What's going to be your edge?