Put more skin in the game.

A couple of other things I’ve found valuable to look at are:Track record through cycles (how they’ve managed deals in both good and bad markets).Transparency and reporting (how proactive they are with communication, especially when things aren’t going perfectly).Alignment of interests (skin in the game, fee structure, co-investment).In my experience, those have been big predictors of how well a sponsor actually delivers in the long run.

Why he wants me to have some skin in the game when he's otherwise just going to give everything away I couldn't tell you.

Has stopped countless scammers - but probably turned off a few good natured people.

So, again, a sponsor needs to have real skin in the game, not the illusion of skin in the game. 

: we finally arrived at a consensus, for the most part.For my fellow tax professionals and other tax nerds: let's resist our natural temptation to debate the highly technical details here.

You will be able to take full advantage of this until March of 26 (which is the last time you can claim that you have lived in the property for two out of the five years preceding the sale.You do not lose the tax-free nature of the gain during the time it is rental.

Recommend focusing on just one method of investing, until you do a few transactions.As your network and deal flow increase, you will naturally get exposed to more potential deals and each one will be a learning experience.

Does your end point include paying off your debt or do you plan to let the mortgage payments pay off your properties naturally over time?

That is the "shelter" - no skin n the game, but you still get an expense.