Everyone I have heard of will want you to put your own skin in the game.

Banks want you to have skin on the game. 

But if you start there and start developing some experience and building up a nest egg, you'll have a better shot at moving up the food chain.Thank you so muchf or taking the time to answer me, Money is not really what i would have to offer because I do not enough of it to be considered to piece togethor a deal like this to "have skin the game", thats why i am considerign starting on a much smaller scale on just a fix and flip until I can build up some more capital.

The kitchen is right above it, checked all the appliances (including the fridge with the ice maker), under the sink - all is dry there ....

I'd switch from buy mode to improve mode a the market prices increased enough to dry up new cash flows.  

Lenders want you to have skin in the game, as well and that is why secondary mortgages when purchasing. 

The hard money lender will lend based upon the actually purchase price of the home, not rehab priceieforclosure house is 100k, they will lend 75k, and want you to get skin in the game, so u cover 25k, but you know once rehab house is worth 200k.

MORE THAN ONE WAY TO SKIN A CAT.Why not just buy some extra insurance to protect the asset.People only sue when they are mad, OR when someone has done something stupid.1)don't piss people off 2)don't do anything dumb 3) carry liability insuranceFollow those three rules and HOW you hold the property really shouldn't matter.

Down payments are your "skin in the game" to the seller, if you default, they keep your down payment.

When it looked dry I would and start a couple dehumidifiers running in the room for a day or two.It will probably clean up perfectly but if it doesn't, hey;  look at the bright side - at least it will be well prepped for painting.