It's no skin off my back, and it provides some extra income, all while giving me a leg up on my investing competition.

Down payments are your skin in the game, what you are looking for is 100% financing.

I am always honest with lenders and have never experienced any difficulty working with them. 

If you have tough skin- you will find the law is extremely friendly to landlords and banks in Georgia - and you will get paid what you agreed initially.

If purchased prior to 6 months with an LLC, you will have difficulty getting a conventional refinance or doing delayed financing. 

. $46,000 of annual income means units are renting for $320/month - you will lose your freaking shirt, plus the skin off your back if you pay $36,000/unit for units renting for $320 - period :) You really cannot begin to think about making money on anything under $600 blended rent in most markets.Good luck, Sean! 

I don't do Section 8 because I don't want the hassle of meeting HUD requirements, some of which can be really stupid, and I also want tenants that have more skin in the game.

So in my opinion i believe this deal has some good skin and would be profitable.

We won’t have a crash like we did in previous years, there has been too much “skin in the game”over the past 4-5 year run up, but lenders are heading back to pre crash standards and something has to be done about the conglomerate GSEs known as Freddie and Fannie.

In additional to that, a lot of homes were bought by cash buyers and the financed buyers had to put some skin in the game.