This would give them some skin in the game and would lower your outlay. 

I understand that having confidence is key and that I have to have thick skin to persevere through all the no's and going for a period of time without getting paidbut I know I can do it.

His main concern with having no "skin in the game" is if I fail to perform and don't pay him for up to 6 months before a hypothetical foreclosure or him taking the property back. 

What about hosing off the driveway after the hunters skin and butcher deer?

If you can get one that is 'dried in' then these are good deals.

Either way I will have a partner that will live with me and go halve on the property, just want to make a smart decision being that interest rates are so high and property isn’t cheap in Oahu What’s the best way to skin this cat?

Yes, as others have said, there are many ways to skin this real estate cat.

Without skin in the game you taking on major risk. 

I'm in a window where I look good to banks, so it behooves me to move aggressively toward my next purchase, in case this gig dries up and the next is slow to come.Comps would leave me to believe that my property is now worth over $850K––maybe a lot more.

Over the long term rentals will give you financial freedom, where flipping will dry up the day you decide to stop doing it.