Hard money still requires skin in the game, but it is asset-based.  

@Mark Gruetzmacher I usually offer what makes sense for me and I know for sure it is fair to the seller.

., the chances of the realtor and seller accepting an and/or assigns is probably fairly low, but you could certainly try it!    

@David KrulacI was looking at a comp in Altoona today which was an REO, with nice siding, replacement windows and a fair interior.  

Evidence is that people buy houses no mater what the interest rate and curiously the rate of buying (# of homes sold per capita) remains a fairly steady no mater the rate except during periods of rapid transition. 

FCRA is Fair Credit Reporting Act and meant to ensure you don't discriminate based on the basis of race, color, religion, national origin, sex, marital status, age, or public assistance.  

You might look into commercial real estate syndications, but to be fair most of them DO use professional property management.

The adrenaline rush from RE is exciting, and I can't wait to have a skin in the game.

Therein lies the debate I suppose are 1% rule properties in CA "almost non-existent" or "fairly easy to find in a number of markets"?  

Taking it off the back-end sounds more than fair.