Take a look at how they're managing their current projects and see if they're someone you could see yourself working with.More to the point, there are many ways to structure the deal, it just depends on the deal itself.

Lots of misinformation in this thread, so what's new....Conventional loans are secondary market loans, 80% LTV without PMI, you won't get PMI on a fixer based on an appraisal.Portfolio loans are held by lenders, they may use conventional underwriting but may vary and can finance fixers.The rule is: The LTV is based on the purchase price or appraised value, whichever is less.There is no ARV in conventional loans.Multi family is 5+ units, SFR is 1-4, (Jerry meant to type 2-4 @ 25% I'll bet, not 1-4 as 1 is a single family detached dwelling that can be at 95% owner occupied conventionally).  

Depending on your area, it may have to be removed by a specially licensed Contractor, and this can be costly.I would check with your local Building Dept before moving forward and see what they say.Also, in my experience with renovating Historical buildings, you will have to deal with an Historical Committee and that can be a real PITA.

Quote from @Zachary Vanison: Hey bigger pockets family quick question which fico do dscr lenders use thanks in advance guys for the info  DSCR Lenders will use the median (middle of the three numbers from the 3 main credit bureaus) - however one nuance is that for DSCR you can typically borrow as an LLC or partnership (entity) with multiple people on the loan - it will vary whose credit score (i.e. if there are 50/50 partners) a lender will use - can depend on the specific DSCR Lender

Depending on what you are doing, a good alternative to a single member LLC may be no LLC whatsoever.  

I would get the conctractor to do it depending on the severitiy.

Their performance for us varies depending on the property however. 

The utilities would depend on if they are separately metered.

I know there are groups that, depending on where you are, can do 80% Cash outs down in TX.

It's crucial to ensure compliance, especially since laws can vary significantly from one city to another.Network with Local Investors: Connect with other real estate investors in Baltimore.