To be honest I felt reassured at the idea that they have some skin in the game, and not only manage the property but be a proxy for me in front of the tenants when collecting and making financial decisions especially with repairs.  

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

You don't want the tenant to decide to choose another place last minute since they have no skin in the game.

It is the basis for the idea that we should be judged by the content of our character and not the color of our skin.

First is that appraisals are starting to come back not so great on some deals (signs of the market inflating) or the lenders are wanting you to demonstrate your basis in the property so they can make sure you still have skin in the game which defeats the purpose of BRRR. 

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

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

The numbers might work on a less passive basis, perhaps self managing and landscaping, owner occupied, more skin in the deal etc...Feel free to reach out and connect with me, I'm in a popular New England market where the numbers might work more favorably in small MF's. 

One thing you could do is actually have a PM company partner with you on the deal, they have equity and provide skin in the game for the bank

@Eudith Vacio Have you checked to make sure the association is healthy so the buyer on the flip can get fha financing?