My mentor here in L.A. has, if nothing else, definitely thickened what I thought was an already pretty thick skin. 

Your market is more suited for cash-only investors who can jump into a $120k property with $150k, and they aren't bothered by the $20k return because to them, it's all cream (i mean you pay maintenance, repairs, and taxes, but you know what I mean).Please don't use 50% analysis to actually look at the viability of a property.  

Yes lenders want to deal with someone who has experience, and EVERYONE wants to do business with partners who have skin in the game.

For any deals, you will need some skin in the game ... meaning at least some funds to start with.

Sounds like he just wants to get under your skin.

When leaving the old and applying over it, thats kinda like putting whipped cream on dog #$it.

There is another easy route that requires thick skin, invest in warzone cause you will here many investors don't do it and because of that house in those area cost $10k or less.

More investors need to get skin in the game besides just the mortgage and invoices.  

Also, you need to have the tenant put some skin in the game, especially if they are only in the space for 5 years.  

Those that do not are really not turnkey providers, rather middle men or wholesalers that have no skin in the game.