Most private lenders want you to have some skin in the game.

I'll say this since there are a variety of ways to skin a cat (btw, who the F skins cats?)...

Since you have no expertise, what are the area comps based upon the scenario your presented, who will provide property management, what condition is the asset in, what value can you add to increase profitability, how much "skin" in the game will you contribute?

Some skin in the game feels better even if it doesn't really protect the investor. - Some minimum $15k interest might be an option.  

I emptied my 401k and bought houses by the skin of my teeth to get started... it about drove me into BK. 

It is still doable but I know many people will want to see some "skin in the game" or some kind of track record. 

That would give them enough skin in the game to not stray.  

When purchasing anyone will want you to have skin in the game, but try a business friendly Bank/ Credit Union or strike out for private money or HML .

They like to see you have some skin in the game.

I always do things in an extreme way and "Keeping costs at a minimum and driving revenue" with Ohio Cashflow was great but definitely should have spent the $29 per month earlier hahaYessir, must have thick skin in this biz.