If you need some resources on that market I can send you some great ones.Your budget is healthy for single family homes in Detroit in solid areas.

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

I am also going to move the fireplace to the center of the living room (under the bear skin), and it will be a river rock surround.  

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.

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

However, this also means that your loan amortization is pretty healthy right now as well. 

But the trade-off is that you’re pulling out tax-free cash that you can use to buy another property, that’s how you scale.The key is making sure your rents still cover the new mortgage, taxes, and insurance with a healthy cushion.

I know there's so many ways to skin the real estate cat and MHP seem like a viable one.Could anyone show me some example numbers if you've purchased MHP?

The other is skin in hte game, if someone is putting 25% down payment, they will not want to walk away from that very easily and will fight harder to try and make payments.