There are many ways, "to Skin the Cat."  

He always told my wife he makes more from real estate than medicine.Another opened two separate locations as skin care spa's. 

I became the proud owner of 200 of these houses that investors walked from and when I was trying to do work outs with them and figure out what the heck went wrong that's were I got a PHD in Mid west investing the tenant base, the buying in the wrong part of town buying from bad TK folks and getting sold too hard by West coast sales people that had no skin in the game and No real estate license to be selling this stuff in the first place..What folks need to know to get a fair and balance look at investing is the points you make in this post about the Assets they think they are buying.

As a person who has no "skin in the game" it is not really your place to go firing up others.

I have a very strong lease that puts tenants skin in the game for maintenance https://www.biggerpockets.com/renewsblog/2015/10/17/38-addendums-battle-ready-lease/.

I would strongly recommend against selling a home for $1 simply because the new owner of that home won't have any skin in the game and that's not a good thing.  

You either have a no pet policy or you do not have a no pet policy which is it..It particularly irritates me when tenants ask to change the lease the have already signed. 

@Joe Villeneuve it's not s matter of knowing who I am, I'm very comfortable in my own skin thank you.

Other than cash, it's the best option for a quick close... and a delay in closing can cost you a deal.If you find an amazing deal, you may be able to find a lender to fund the purchase and the renovation, but it's more likely that you will need some skin in the game, especially as a new investor.  

@Jay Hinrichs is right, I like to have my clients to have skin in the game and then they still fail, believe me!