How much money do you have to bring to the table? 

Late to the table.

Those are all basic criteria for many of us...table stakes. 

Handing over your keys and responsibility of a home to someone who brought nothing to the table is super risky and if it falls through, it will be your responsibility again, and you won't have anything to cover yourself with.

I can't sleep at night feeling I may have left money on the table, so I do same day. 

Yes it will get the property out of your personal name, act as a deterrent, and get your to the negotiating table possibly faster to settle the claim.

So what is it you bring to the table? 

Find a partner to fund the project, find a contractor, work out terms that are favorable for all parties, bring something special to the table and get higher rents because the property is nice an shiny. 

I would be surprised if borrowers could meet the experience criteria, its terms that are real and available but reserved for elite rehabbers with a lot of completed projects.Typically, 15% - 35% of the purchase price (or total project cost depending on the lender) will have to be brought to the table by investor in order to close.Once the loan is closed it works like a construction loan.

If you have some money to bring to the table , see if you can get into a  Joint Venture for the first few flips and keep it small like light rehab etc  ..