You need more skin in the game.

I have thick skin so PLEASE feel free to poke holes in my thinking and show me where I might be off base.My situation: I am mid-30’s with a wife and young child, and we currently rent.

The current may have motivation to get rid of them and lie about how great they are.... the one before that has no skin in the game and will be more open and honest.

After a few flips, I will have more skin in the game with the profits from the houses sold.Thank you in advance for any suggestions.

My partner had no skin in the game, ask for top dollar which we finally got after holding things up for 6 months longer, past the expiration date of the assignment contract, and getting extensions.

Then, after you get the pests controlled, have a good look around the building and have them inspect for holes and areas that may be a problem.About the tenants, don't let them get under your skin.  

The problem you may run into is the the owner finance portion as most lenders want you to have skin in the game.

From a lenders perspective , borrowers who do not have any “skin in the game” are far less likely to see the project through in the event of a default.

Hi @Greg Junge, I agree with @Ryan Swan and think you need a bit more skin in the game or your relationship with your partner may go south pretty quickly. 

They have more skin in the game then you do.Make sure you get clear title.