GP's typically have to put skin on the game.

It is nicer to use than a regular chlorine hot tub especially on your skin but I don't know if the maintenance is any better or worse, personally.

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

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.

They also want a priority lien on the property.It sounds like you are looking for someone to fund your down payment, I would be looking for an equity partner over debt as nobody likes to lend money in insecure positions, especially when a borrower lacks skin in the game.How much are you planning to come in with yourself?

I have a few lenders who do but they still require some money from the borrower so they have skin in the game.  

@Brice Alef-Torrisi, there's lots of different ways to skin this regarding entity structure and financial account structure.

There are many ways to skin it but I would go ahead and upgrade to QBO Plus.

@Kyle DeboerEveryone is going to want to see some skin in the game.

I wouldn't be opposed to having a little skin in the game (closing costs, inspections, etc) I would be living there paying market rent and doing the improvements myself.