They require you to have a discounted purchase, some "skin" in the game, and are more expensive but also a workable way to get started.To your success,

As a realtor, obviously I don't have the cash nor can I borrow from banks, but I'd chip in $50k (drop in the bucket) just to have some skin in the game.

Factor in family dynamics and potential conflicting agendas plus the lack of information on the true status of title, and we're left with little to base any real conclusions on.

As long as you choose not to rent to them via one of these reasons you're fine.Race, Skin color, Religion, Gender, National Origin, Disability, Familial StatusMost of these are pretty straight forward except for the last two.

The other problem is that "Published" Cap Rates are usually obtained from institutional quality properties which have very different dynamics than small balance sheet type investments.

I certainly wouldn't lend to someone with no skin in the game.

Would you be willing to share your fundamentals, and/or whether those ever shift based on market dynamics as Robert Adams suggested can be necessary?

My own "skin in the game" though for my second building is only $5,000.

But I hit roadblock at the moment, bank door pretty much closes to me, hard money lender won't talk to me neither cause I don't have 'skin in the game' so what do I do?

They typically want you to have some skin in the game too.Look on BP for the money, they have a section dedicated strictly to lending.