I also prefer that the managers share the risk alongside me - via skin in the game and/or profiting only after I have my capital returned along with a preferred return before the manager/developer makes any profit. 

Most sellers are going to want some money to show you have skin in the game and for their own personal cash flow.here's an example of what a seller wanted after approaching me and an investor buyer:Rental property. hi ranch with a basement. 2 bedroom 1 bath on both floors.

You will need to have some funding though, as they prefer you to have skin in the game.

This may not work with a bank that may require some skin in the game.

Terms below.Purchase price: $150KRehab cost: $100-$125KARV: $425K-$450KMy Skin in the Game: $30KPartner: $270KProfit split:50/50I am working with a private investor and structuring it as a equity partnership.

Please do not hesitate to ask any questions I have very thick skin but I Believe everything is a lesson and I learn from anything given to me.

@Marc Izquierdo, section 8 tenants generally have little to no skin in the game, so really don't care about your plumbing or walls or how the place looks.

A good amount is one that you are comfortable with putting down on a property, and more you are skin in the game you have better it looks when you approach investors, or banks.       

I would also say that if the mower needs to be replaced, then you would subsidize part of the cost to replace so that the tenants have some skin in the game.  

You want to help companies make financial decisions based on risk, well they are going to want you to have a lot of skin in the game to do that.