Typical ARV cap would be around 70% with a higher down payment (more skin in the game) required until you gain experience.

@James Wise wrong skin color

Not to say that rent payments are always done a few mins after the grace period ends after several reminders.I'm not sure if I am being too hard on them or too soft-skinned as a new landlord but this is frustrating me quite a bit.

Qualifying for a loan is a combination of Net worth, experience, skin in the game, and the asset.

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

Just keep learning lessons man, I’ve gotten much thicker skin after being a landlord the last six years.

Before investing we explored establishing partners in the market that were willing to put skin in the game with us. 

Have all the adults sign the lease so they all have skin in the game.Or just flat out NO.

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

Yes borrowing with no reserves, skin in the game, and no stable source of income is very risky.