He has no skin in the game. 

Absolutely, Steve private money has become a real game changer, especially in today’s market where speed and flexibility can make or break a deal.

Fix Your Minimum Stays, Blocks, and Calendar GapsMost hosts assume football fans will fly in, watch a match, and fly out.That is not how it works.Here’s what actually happens:Many fans travel with familyPeople stay multiple nights before and after matchesSome attend multiple games in nearby citiesTravellers use it as a full holidayBusinesses send staff for 2–6 weeks at a timeYou need to strategically adjust:Minimum staysCleaning gapsOne-night holesCalendar inefficienciesThis alone can double your revenue for the World Cup period.3.

Since the laws have changed over the years, you need to be mindful that it varies by state.

Property Tax RateTypical Annual Property TaxesFlorida$2,625 [per year]nerdwallet0.80%~$2,338 makefloridayourhomeNevada$1,305 [per year]nerdwallet+10.50%~$1,335 (on $267K median) worldpopulationreview+1Texas$4,585 [per year]nerdwallet1.60–2.50%~$5,200–$7,500+ (on $325K) hometaxsolutionsKey points:Florida and Texas rates can be much higher in coastal or urban areas, and local tax rates vary.

Here’s the listing:--> https://www.zillow.com/homedetails/398-402-Boston-Post-Rd-Wa... price: $350,000My plan:Live in the smaller homeRent the larger home immediately (after light cosmetic work)Use FHA (3.5% down) + CHFA (down payment assistance)Reduce my personal housing cost as much as possibleSlowly fix my unit over timeBuild equity and eventually refinance to help fund a future businessNUMBERSPurchase Price Target:Offer target: $260,000Expected seller counter: $275,000–$300,000Currently listed at: $350,000FINANCING (FHA + CHFA)FHA 3.5% downDown payment covered by CHFA assistance programEstimated interest rate: ~6.5–7%MONTHLY PAYMENT ESTIMATES (P&I + Taxes + Insurance)At $275,000 purchase:Mortgage (P&I): ~$1,775Taxes: ~$420Insurance: ~$150--> Estimated Total: ~$2,350/monthAt $300,000 purchase:Mortgage (P&I): ~$1,940Taxes: ~$420Insurance: ~$150--> Estimated Total: ~$2,510/monthRENTAL INCOME ESTIMATE (Big House)Based on local comps:Low: $1,700/monthTypical: $1,800–$1,950/monthStrong (clean/paint/update): $2,000–$2,100/monthMY OUT-OF-POCKET HOUSING COST AFTER RENTIf I rent the big house at $1,900/month:At $275k: ~$450/monthAt $300k: ~$610/monthIf I rent at $2,000/month:At $275k: ~$350/monthAt $300k: ~$510/month(I currently pay $0 in rent living with family, so my goal is to keep my costs low while building equity.)REHAB ESTIMATESBig House (rent-ready):Cleaning + paint + small fixes: $1,000–$3,500Optional cosmetic upgrades: $2,000–$5,000Small House (my unit):Cosmetic repairs only: $500–$3,000Optional improvements (done slowly): $2,000–$7,000Major systems (worst-case ranges):Roof: $8k–$12kBoiler: $4k–$8kElectrical panel: $1,500–$4,000Plumbing repairs: $500–$2,000 typical(Inspection will tell me more.)CASH NEEDED TO CLOSEWith CHFA:Down payment: $0 out of pocketClosing costs: varies, but often reducedExpected out-of-pocket: $1,400–$1,800Inspection: $400–$600Appraisal: $500–$700MY FINANCIAL POSITION(To give you context for risk tolerance)Income: $5,000–$6,000/monthMonthly bills: ~$2,600Emergency fund: $10,000Credit: 717Access to 0% APR business credit card (likely $8k–$12k limit)Currently pay $0 rent (living with family)MY QUESTIONS FOR THE COMMUNITY1.)

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

Rates and fees tend to be higher, and guidelines can vary quite a bit from lender to lender so flexibility and clear communication are key.What I personally like is how they allow deals to stand on their own merit.

But you still have skin in the 'game'.

You've got to bring your A-game in all the ways now.