Most reputable lenders are going to want you to have some skin in the game.

Now, the lender wants to know if you have good credit, experience, etc.There may be some lendings coming back into the game that will only look at the project, but we look at the project and the person.Normally, they lender will want you to have some skin in the game.  

Tax Credits are the game here.  

This will help you get some skin in the game.

Can I use this money as a down payment for a conventional product/hard money skin in the game?

Another thing is I could tell these guys were working their own deals which is good obviously because they know what they are doing, but with no skin in your game- your deals, it felt like they were kind of detached.

Anything that makes people feel they're dealing with a real person, and not a shrewd investor.3) It's a numbers game. 

This is partially how the game real estate caught my attention.

Certainly it will be slanted toward the owner and PM, having your attorney review I'd look more to what might be enforced rather than what they require, penalties are negotiable, insurance is as well, equipment and fixtures might be as well.

Vacancy, turnover, and not enforcing your lease (late fees, evicting, documentation, pets, inspections, violations, and more).