Update:3 color paint scheme really works with this one.  

As a guide, you might want to stay away from anything in dark green locations:http://www.trulia.com/local/irvington-indianapolis...There are some good blocks in the dark green areas, but you'll be safer in lighter green and doing very well in yellow.  

Labor is not skin in the game, it can only be recognized after completion and a sale, we call it sweat equity. 2.

If I see 12% and above there is usually a re-trade down from rent or a going dark with the tenant in the future.Have to know those sales on those mom and pop tenants. it is crucial.

This made me realize as a landlord, why am I stuck in the dark ages?

Finding MFR with full equity seems to be a shot in the dark though.

If you can find a way to go, you'll benefit by:1 - forcing yourself to take action on the tremendous about of information you'll learn - you'll have skin in the game by paying the entry fee.2 - you walk away with face to face time with the best and brightest.

I can but I have to go with smaller local banks, and they typically want you to have more skin in the game.

Up to this point, it's all about "skin in the game."  

Also thought it was no skin off my tail by making a low ball offer.