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.

They have more skin in the game then you do.Make sure you get clear title.

They want you to have some skin in the game.

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..

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.

my advice is you treat this as a business and start with hard money for the capital you have saved. buy below value, fix, and RF to continue and have good 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.

They have more skin in the game then you do.Make sure you get clear title.