@Zach Quick yes I am looking to owner occupy, but the individual I was talking to said I need more skin in the game with DP...however I was under the impression I would be able to get a loan with less DP

There are lenders who are willing to do 100% funding on fix and flip deals however most will still require that you have at least 10% to 15% of total costs to cover closing costs reserves and to start the rehab on the property. most lenders however want you to have some skin in the game. 

Investors will always be interested when you have skin

That might be possible, but then again, might not as many lending institutions require you leave skin in the game for a cash-out refi. 

You aren’t limited to using identical tiles on both surfaces, although doing so creates a striking effect.

Your PM and his dad put in the effort to rehab the place, you put in the cash, net profit after all expenses to be split 50/50.If you want them to have “skin in the game”, ask them to pay for the rehab cost.

Is there only one way to skin a cat?

They will want you to provide skin in the game (down payment).

Which would be a great first investment for a 20 year old in order to start getting some skin in the real estate game, purchasing a duplex or a property in foreclosure at an auction?

I've done deals where seller holds back a 20% note, 20 year amort, 5 year balloon; but you'll need to find a willing lender in this scenario as well as they usually like to see skin in the game...but not all require it.