"Sooooooo I need you to call them and then fill out their forms and then I want you to setup calls at good times of day, and they may not answer, but I want you to keep calling until they do and then I want you to get together some records for them and I want you to fax a copy to one of their people and they don;t use email so I need you to go to a notary and fill out a form you can get from a small shop 45 minutes away and then make a copy out of geniune Elks blood and paper made from the skin of the an elusive Yackani fish"....

Because the property acts as the asset that protects my investment, the buyer also has “skin in the game” since she has also invested her own money to buy the property, and I don’t need to wait the additional time it takes to purchase the property, on top of the time it will take to renovate, to get my money back (velocity of money!).

Preapproval is what you need to have skin in the game when making offers. 

Its not for everyone as you need thick skin..

Now before everyone jumps on me and says there no skin in the game let me start off with the reason im so gun-ho about doing this deal. 1.

If the City doesn't require a design professional and you complete the work with a fly by night contractor, you as the owner have much more skin in the game if something goes wrong.    

We are off to a great start on our new rental.  9 reviews to date and ALL 5 star wtih glowing comments. 

In other words, no skin in the game.

At that point you can access what more needs to be done to get rid of the issues if they go deeper than the "skin".

Not all sellers will accept an offer with so little skin in the game.