Just make sure to add in a healthy contingency to your rehab budget when estimating repairs if you do so.

At this point the tenant should agree, if not, I would insist so that her health is taken care of  and you don't have to stress any more. 

It's always their first practice run that makes me jump out of my skin then I'm fine for the rest of the weekend.Anyhow, that's enough about me.

It shows that you have some skin in the game and also that you value their time and knowledge.And supplying them with a long term funnel of deals in exchange for some counsel is great.

You don't get a loan from a wise institution with no skin in the game and bad credit. 

I try and take very limited cash flow and build up as healthy as a reserve as possible so that flips and vacancy funds exist but this is the first time where a tenant was ALREADY living in there, so trying not to ruffle the feathers. 

I have heard there is a way to invite investors to split a deal with you even when you have no skin in the game.

You'll get all the money and none of the risk of someone who has no skin in your game from wearing out the house.

Hey Alex, yes, my office is in Pasadena and I do work with clients in the San Gabriel Valley; more for primary residence and long-term rental buyers and I have a healthy client base in the high and low deserts too. 

Typically though any PML is going to want any partner in the deal to have skin in the game, otherwise they're essentially a buyer/flipper and that's a different value proposition.