I realize people have different temperature sensitivities, but still. 

They want to know if it's borrowed because they want you to have some skin in the game (10-30% usually).If you're new, I'd focus my first deal to be a little smaller and not be so leveraged. 

And now you and your partner have skin in the game. 

There's a reason wholesalers get a bad reputation - and it's not because they are making a profit without having skin in the game or don't have a license - it's usually because they move crappy deals, or they hang their clients out to dry when the deal goes bad, or they sell to people who really shouldn't be getting involved in the deal because they are not capable of handling the deal.Also - there's not one single definition of what "wholesaling" is.  

BP is sensitive on what is shared.

If you don't have a thick skin, not for you.    

Another thing is my GF comes over sometimes and she has hyper sensitive lungs (start coughing due to smoke I can't smell after entering the house). 

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Hey folks,Sorry for the rather broad discussion - I've got a bit of an odd situation right now which is rather time-sensitive, so I wanted to get this out sooner (even in a more broad & vague form) rather than later.I've decided to quit my relatively high paying job in the near future to travel for awhile (couple years, visiting home ever few months or so) and possibly even retire early.

I ask because I'm a little uncomfortable that the "expert" has no real skin in the game and if it went sideways they aren't out anything but time.