I would also recommend that they have sufficient 'skin in the game' IE additional down payment above and beyond just having lived there a while. 

ZERO skin in the game. 

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

This can be particularly appealing if the seller is facing financial difficulties, needs to move quickly (perhaps due to relocation, divorce, or other personal issues), or the property has little to no equity and they can't afford to sell it through traditional means without bringing money to the closing.

Many of my clients are investors,  who are finding deals of different degrees of difficulty and affordability. 

Am I the only one having difficulty making the cash flow numbers work on small multifamily in SLC? 

Why every renter hates living in big multifamilies and dealing with bullying property managers with no skin in the game.

Wholesaling is getting a contract signed below market value and selling that contract to a back-end buyer.The fact that wholesaling is saturated has nothing to do with the difficulty to do consistent deals and close these deals and make money.What IS saturated is marketing.

So I can go into a syndication deal as a GP with wanting to find the best deals.So skin in the game is not always a predictor of success.

CurrentlY in california but refuse to invest here any further due to extreme difficulty in finding contractors and dealing with cities.