Some of your potential tenants will flake out and not show up but your are only 15 minutes from the next showing.

He has no skin in the game. 

Buyers flake out all the time. 

I don't agree with not having skin in the game.You are borrowing other people's money to get involved in real estate or oil and gas.If you don't pay the note, they will take the property / investment away.

Quote from @Deon Johnson: @Shiloh Lundahl I have talked to mentors and other investors I got the same response so I have pivoted to a wholesale deal with a small fee just to get experience and skin  I think that is the correct move

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

And if the vendor flakes and quits the PM the PM should definitely make it right.  

Every single one that responded here flaked or ghosted me, so don't bother trying these guys haha

I understand things aren’t always equal but if personal partner is going to become business partner I would want them to have some skin in the game.

As long as you're showing progress and adding some more skin in the game, most Sellers / Brokers will give you a short term extension as Commercial deals are trickier and take more time to close.Hope this helps!