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.

I've got to skin this cat!

Real estate agents and investors have all gone through it.Gotta have thick skin in marketing.

Ultimately they want to make sure you have enough skin the game to invest in the 6 unit.

You are saying you want 100% financing with no skin in the deal.

Several ways to skin the cat if you are really committed. 

I will manage them and since I will have skin in the game it is a lot better than paying a property management company.