HelloI am from northern Idaho Bonner’s ferry/ sandpoint area. newbie in the game only have one deal under my belt but always looking for the next one 

Again, this is very much a lesson learned from C-class investing in old urban properties in the Rust Belt. 

I will gladly give back once I have some experience under my belt.

I can quantify, but our expectation is that they are active house flippers who do this full-time and professionally, with at least a handful of deals under their belt over the past few years.For us, the initial discussion is on their background.

We have now 3 properties under our belt!

I've got some bad flips under my belt for not being smarter about that.

The likely hood someone will just give you money especially with not any deals under your belt is rare.

As always, the most detailed and complete answer from "The Black Belt in Real Estate Taxation".That's exactly how I imagined it worked. 

Like @Matthew Paul said, if you use a commercial sander and do a couple of passes, you will essentially fill those holes with the dust.

While there will probably be a quick bump if there is a drop in interest rates - small businesses are tightening their belts, bank liquidity is tightening as well.