I have about 10-15% of total purchase and rehab as skin in the game.

@Tom HertelI completely understand what you mean.I am saying now $15 an hour is acceptable, but next year $25, and it should increase every year.Managing tenants can be difficult. I

I have about 10-15% of total purchase and rehab as skin in the game.

This is in N Portland by PCC.Great for me, but now I have to find something to work on before my tear off is ready to begin and it has definitely been difficult.  I

All that said, there is difficulty mastering recovering from real property in loans because the way real property works in note investing is not like it works in other versions of the same.

As for pets: we just charge pet security deposit of an additional $150, but then $15-25 per pet per month depending on size...There is definitely more than one way to skin a cat.  

There too, while many of these crowdfunding sites can assist in your equity raise, they are going to need some "skin in the game" and a track record.  

Actually I did initially have difficulty finding a lender who would not only loan for properties below $50k (Most banks use that number for their lowest amount that I've found), but also it was difficult to find a lender who'd do loans that low, AND do them as commercial loans.  

What were the difficulties you ran into and how did you solve them?

You can shear a sheep many times; you can skin him only once.