Good point Craig, an ex Realtor investor got tagged here, an escrow issue, even though she turned in the license, it was clear she knew better.I'd say it's not so much as an ethical matter as investors and Realtors should be operating at the same level.Probably has more to do with the requirement of giving notice that they hold a license, if not done tactfully, poor Harry homeowner may perceive the slick Realtor is going to skin them having greater knowledge. :)

Not everyone is suited for homeownership and they all will claim that they will perform as agreed, they all say they want to own, but few succeed who didn't have skin in the game.

I would love to do a hard money loan, but all hard money lenders want you to have some skin in the game.

Ceteris paribus, a person's motivation can be determined by how much skin they have in the game. 

It takes some thick skin and fist biting, but treating tenants with respect, no matter how nasty they get, having the "customer is right" (within reason of course) and  excellent customer service PM companies are outnumbered by the PM companies that want to fight with tenants.

The interest rate is a ridiculous 7% (which I'm working to refi now).A potential capital partner (old Army buddy) from Colorado says he will match my equity if I agree to sell it to an LLP we plan to establish (skin in the game).  

The best thing you can do starting out is build a strong team around you, and partner up with an experienced investor while you get some skin in the game for your first few investments.

I'd expect my partner to have some skin in the game. 

You either need to be in the market where you are investing or have a trusted 'boots on the ground' partner (who preferably has skin in the game) to be able to invest remotely.

For the experienced multifamily investor:Assuming all systems are good and there is little to no deferred maintenance what sort of value do you think a stabilized, brick skinned quadraplex with slanted roof would be worth in a solid "C+" area with shopping (WalMart, Kroger, etc) and public transportation within walking distance and major employment centers nearby?