Ceteris paribus, a person's motivation can be determined by how much skin they have in the game. 

It takes some thick skin and fist biting, but treating tenants with respect, no matter how nasty they get, having the "customer is right" (within reason of course) and  excellent customer service PM companies are outnumbered by the PM companies that want to fight with tenants.

Hi @John Scully FHA is a wonderful product because you can start with little skin in the game.

They've got to either put more skin in the game that makes you whole or make it worth your while from a payment / cash flow perspective.  

@Abdul Rahman, having $20k as "skin in the game" DOES make a difference to my response.

The hard money lender will probably want to put a (2nd) lien on the property, and the title/escrow/attorney should disclose that to them.If you're trying to find it with a bank, I doubt even gap funders / private money would work because the bank wants to see your skin in the game as a borrower. 

While a 203K loan may make those concerns go away, you'd have to have really thick skin to do a short sale AND a 203K loan at the same time.

So after looking through the forum I've noticed the "you have to have skin in the game" quote alot on downpayment percentages. 

However I like to just set and forget my tstat and when it is programmed wrong I get irritated.

@John Peters, There are a couple of ways to skin the cat but as you describe but it is also very possible that the transaction could actually destroy both your 1031 advantage and tax advantaged status on the other property unless that happens to be your primary residence right now.