Here is your problem:15-20% profitREO need cash offers12% repair cost — RIDICULOUS ASSUMPTION Agent is not investor friendly6 months rehab time for a first rehabberCASH for skin in the gameSolve those and you should be good.

Many ways to skin the cat

It would be up to your investors as far as your skin in the game, but if you are covering rehab costs, that may suffice. 

This will take down some healthy chains too, Bloomberg argues.What I immediately noticed was where the debt-laden chain stores are.  

There is always more than one way to skin a cat, this is just my take. 

The tenant already knows their problems.It appears you are approaching this from the applicants view point and they don't have any skin in the game.

Slowly buying 8-12 single family units in linear markets in the midwest, keeping a healthy cash reserve, and coming up with a distribution schedule that is very conservative, one that can allow my parents to live comfortably.

They are all going to look at the deal via DSCR among other things, the borrower via FPS they are also going to want the borrower to have some skin in the game as well. 

I had a call scheduled with his company to see what they have, but I do see some healthy discussion on BP about Morris Invest. 

Are you getting yourself some skin in the game on the boom?