One thing I would advise is that by having skin in the game, you always risk things turning sour.

Quote from @Yocheved Beer: Hi all,I have found a house in Lehigh acres Florida for a purchase price e .75 of of the appraised  value and it is for sure a 1 dscr. can I immediately buy this for  0 Dollars downHi Yocheved:One of the cardinal rules in real estate is that you have to have some skin in the game.

You have no skin in the game and you are offering the private lender 30% or 70% of the profits?

As you continue with this journey, you will need to build up some skin to not let it bother you.

I mean what else are they saying for that $7k, "break-through" revelations of genius like pick 1,2,3 wall colors for your units and paint em all with that keeping the paint codes so refresh paint can be done via touchup.....

You need to have "Skin" in the game meaning your money or "Family" money.You can receive "gift funds" from a "Family" member if money was given to a family member and then given to you as a gift from family it would work.Keep in mind even if the seller gives you money the bank/lender will see the deposit into your account since they ask for (2) months of bank statements.

I personally prefer when investors have some skin in the game.

My tax accountant team left me in the dark when tax season was here and required me to pay the invoice for 2024 just to talk to my tax accounting team to file my business and personal tax return for 2023.

Otherwise, you can re-stain them with a close enough color to minimize the amount of rework.

Granite also does, although the lighter colored granites have stained in some of my tougher C class rentals.