Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Use a dynamic pricing tool.

You can't just turn key decisions and details over to someone with no skin in the game and no experience.

I am new to the world of REI, and am finally ready to get some skin in the game and start expanding my portfolio.

And we found that by keeping a dynamic pricing structure where we could offer people the small room for maybe $85/night with no breakfast or a regular room for $135/night with breakfast during off season or if we had several rooms open allowed us the option to capture the Canadian and European tourists who came in off the street and usually wanted the cheapest room they could find.

So I require skin in the game (average is 5% to 15%) to offset this.

We came up with a base price by adding up yearly expenses and then divided them into the days between March and October and then utilizing dynamic pricing.

Entirely different dynamics and risk profile, especially locking up your credit serviceability.

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

What I'm gathering from all of the multi-year experts in here, is that there are many ways to skin this cat.