I've seen a few of your other posts on this matter in other threads and I agree that it doesn't make sense to believe you can pretty much make money out of nothing, no skin in the game (so to say).

They have little to no skin in it.

In addition to my rental business I am building in Pierce County as well, with homes typically under contract before completion.You need a representative that has a lot of local knowledge and has skin in the game, ask them to show you their rentals, if they do not own investment property find someone that does.

We were ready to start doing normal house deals and the game plan we came up with (with the help of a friend/mentor) is basically the game plan Lifestyles Unlimited teaches you.Free podcast here: http://www.lifestylesunlimited.com/category/radio_...So you won't know how to do all the fancy stuff and breath of stuff you will know how to do if you do invest in something like Legacy Education, but I think this program will get you to have skin in the game in a really do-able fashion.

That is reality because the receiver of the info has no skin in the game, nothing to  hold them to the "advice".

I have sometimes seen owners give the prop mgr 10% ownership to have a little skin in the game but they are usually contractors that do a little more than just invoice and collect rents.

When I put "skin in the game", that is when I learned that fastest.

So I require skin in the game (average is 5% to 15%) to offset this.

We’d bring them back up to the house , skin em and sautee with butter and garlic..

Hard money may not require as much down, but you'll need some "skin in the game", and its pretty expensive.Is the property livable?