Get thicker skin stop worrying over silly things You need to get over being afraid of a vacancy or the place being left a wreck because it will surely happen and part of investing .

Some skin in the game like that would gain my trust, but at this point I'm back to looking for my own property.

Either way, they get paid --- basiclaly.As mentioned above, if somebody is doing a PM function, they should get paid as a PM.As they say, one needs to have "skin in the game." 

Sponsors like this will not have the highest projected IRR, and are also generally keeping leverage low, which again drives down the projected IRR.If you are conservative, then another thing you are going to want to see is a lot of sponsor skin in the game to mitigate the fact that the promote incentivizes them to push the risk envelope.

Reason: I want to make sure they have at least some skin in the gameWill there be an acquisition fee?

No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.

You'll have skin in each property but repeat until you run out of capital. 

Buying RE requires skin in the game regardless of condition or strategy.

Ok, but point remains, buyer has zero experience and zero skin in the game.

The problem here is that you started by putting the agent's compensation on the table and may have already sullied the relationship.If you negotiate commissions on the front end and you are really close, there is no skin left on the bone to concede.