I thought as long as entities had proportionate skin in the game, it was ok.My SDira presently owns 100% of a property that I purchased a number of years ago.  

Age of the buildingCompetitive new supply - Quality Inn tends to be on the lower end of the market so you'll probably benefit from a rising tide, but older properties are severely impacted by new economy scale or midscale supply enters the marketNOI margin should be >30% - if it's not, your RevPAR is too low or operations are unnecessarily fatIt may be of benefit to align with a third-party operator that has some "skin-in-the-game," where you step into a joint venture limited partner role with major decision rightsThis is a very high-level list that doesn't account for location, seasonality, and other factors that may have a material impact on performance.

like $200-$300 over the one month so the tenant has some skin in the game.I also collect late fees; it's amazing some people pay me the $75 late fee yet don't pay the $75 water bill; if they'd pay on time, they'd have $ for the water. :)

They usually want skin in the game due to risk.

They have more skin in the game then you do.Make sure you get clear title.

Some will and some will not and some that will will want information on them as well due to you having no skin in the game they want to make sure that they know where the money is coming from and possibly have them as a guarantor as well on the loan. 

They want you to have more skin in the game. 

No skin in the game and at a 3.5 interest rate.

You just have to find out that magic equity % your investor will be ok with with you not putting skin in the game.

All of my apartment complexes are in Macon, Ga where I see double digit COC returns, but they do take tougher skin to deal with the property/tenants.