Sure the double deposit helps the landlord a little bit but it still doesn't really mean the tenant has any skin in the game.

Thank you.Sorry you have such thin skin and feel forced to covertly call me names...cute, but childish, and likely one of the reasons you're in the situation you're in.

That means buying distressed with skin in the game (down payment, rehab funds, network of solid contractors, partnership split, etc.), adding value, and building a track record.

We're getting some great returns in Seattle - a lot of the folks complaining about the Seattle area not cash-flowing are back-seat critics without any skin in the game. 

No skin off my back.

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.

If they don’t have any skin in the game and in fact they make more money keeping late fees and making another lease-up fee plus whatever they make processing the eviction that’s what they’ll keep doing and that’s not going to end well for you.

As a conservative investor, I am personally not comfortable in investing in any of those platforms as I prefer sponsors with a lot more experience, a lot more skin in the game, better fees, a model that can be recession stress tested, etc..

They want you to have some skin in the game.

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.