And lets face it .. those deals are not just sitting on the branch's to be plucked.. in many markets deals are dog tough.In my mind EsPecially as a beginner first thing you need to do is get the discipline to save cash for equity and or put a group together so that you are bringing in true equity.if I borrow from a HML like lendinghome or Conventus  I need to put skin in the game..

This will allow you to save a chunk of money so you can then "have some skin in the game" when working with private or hard lenders.

I'm really not looking for a yes/no, to my "untrained" eye all the numbers seem ok (expenses don't seem under-estimated, the increase of ~250$/mo/door rent over 3 years seems reasonable considering the area, sponsor has some skin in the game and they have been in business in that area for a couple decades, ...), so I was looking to some more seasoned investor willing to share with me any clues as to how this deal might be bad (the only one I can think of is that returns might be very tight if a downturn occurs over the holding period, however since this one is not a class-A SFR property it should be more resilient).I would be looking to invest about ~50k$ in this, which is a small enough portion of my net worth (< 10%).Thank you.

But fire can also burn your food, scald your skin, and it can burn down your house. 

If you choose to stay past March 1st an new lease will need to created and signed".BP experts - See any other ways I can skin this that won't tank the sale?

Also I see new money being invested as investors are buying wear houses and converting Into residential, I am looking to add to my portfolio bigger properties  but I don't see many 5+ units in inventory, but over all I think if you got thick skin it's a great place to create a passive income portfolio 

We have a lot of out of state investors in Tucson scooping up the best deals quickly, so it's a matter of being ready to close on the first deal that makes sense to you before somebody else finds it.Lenders need you to have some sort of skin in the game be it cash in the form of a down-payment, your high credit score in the case of an FHA loan, or other assets in the form of cross collateralization or a HELOC.

The bank will most likely want the property to be in his name, so using the LLC might not work anyway.Whatever way you do things, and there are plenty of ways to skin this cat, make sure everything is in writing before hand.

A good local property manager you intend to use has skin in the game and can help with the eyes on the ground.  

Banks make you keep some skin in the game even if you can take all the money invested in the property out.