Usually banks or credit unions want you to have some skin in the game.

I'm a new investor just scratching the surface by renting out my wife's condo to a tenant on Jan 1.

From my research in the market I was expecting ~10% of the monthly rent and possibly a procurement fee, but that seems to really just be brushing the surface.

@Mohammed Rahman yes, that's exactly what's tricky for me... for you all it's quite simple.. it's like I show you how to apply a KCI VAC and say now it's that simple.. just prep the skin apply Elkins to the periwound apply the VAC with setting of 125mmHg .. you're gonna look at me like what the hell, lol... that's how I feel.

This is because as the maker of the deal they want you to have "skin in the game" to protect their investment into the deal.

This will give you what is known as skin in the game- and make you into it actually investor - with something to invest. 

For what it's worth, I don't think you should expect your GC to put skin in the game. 

It has come to my realization as I put up all of the money I have worked so hard for, that he has no skin in the game.

I'm certain a solid surface material could be expected in a more expensive market then mine in a B class unit. 4.

Three months of being under contract and having the deal fall apart due to you not producing any qualified buyers will get under any seller's skin.