It gives them skin in the game, helps them learn the common terms and speak your language.

Investors have a problem when the owner of the project has no "skin in the game" (I know, cliche right).If you have nothing to lose then you are much less likely come to the table when something goes wrong.

The cheapest livable house in my market with plumbing is over 100k, so this is not market specific advice: Don't do a deal without skin in the game.  

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

But just because there are other ways to skin a cat doesn't mean this is a bad one.

And there is delayed financing, that's when you purchase with cash and you can cash out right away, but not to exceed your purchase price, so again that's not what you are doing here.It makes my skin crawl when investors work with crappy loan officers that don't understand REI and get crappy advice.  

Otherwise, see what you are able to afford financially, and possibly put more skin in the deal for a down payment to buffer your equity position.Also I'd recommend making a plan as to what you are expecting Real Estate to do for you down the road, derive a road map, and have an exit strategy.Best of luck to you @Alan Ferrante!

I grew a thick skin right quick.

I have no skin in your game whatsoever.

baking soda + hydrogen peroxide 3% + laundry soapy solution seems to work best to neutralize the skunks secretions from hard surfaces (and pets fur), spot test first though.for human skin, tomato sauce or ketchup helps neutralize more gently.