I know in this business you are supposed to be thick skinned but you are also human sometimes.

It looks like this has been on your mind for some time by looking at your last few posts.It sounds to me like you're looking for a different way to skin a cat.

And why so much discontent about today’s society when only 50 years ago our society was lynching people for having a different color of skin.

I started charging refundable fees for viewings (which wouldn't work for an apartment complex, but if a stranger wants to walk through my house, they need to have some skin in the game!)

You didn't mention it, but will he have any skin (money) in this deal?

I know that getting your skin in the game is probably one of the best learning experiences so excited to get started.Best,Joe

It sounded like a really good way to benefit from cash flow with minimal risk and very little skin in the game.From what I gathered, the point of this strategy is to lease a property from someone with the option to sub-lease, then re-lease the property at a higher rate and pocket the difference.Can someone out there break down the strategy for me?

Most 2nd position lenders will want the investor to have skin in the game (invest their own money) AND be paid a double-digit return.When you purchase property, you ALWAYS need to have reserves, but in this scenario, you really need to have reserves since you will need to make 2 large debt payments every month.

Like mentioned before, most lenders would do a deal to a first time investor if you have more skin in the game or high FICO score.

Investing out of state is absolutely feasible but should be done after getting some skin in the game.