The question is very broad in terms and you see the answers vary wildly due to not having enough information to go on.1.

You asked if HMLs will roll renovation costs into the loan and the answer is yes but unless you have experience and a track record, they will want skin (your skin) in the game. 

@Ane DeysHappy to answer any questions from our experience in real estate

To answer your question directly though, to move the ownership of a property to an LLC we usually go through a title company to help with that.  

This is kind of hard to give you an answer.

https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?

Originally posted by @George Smith:Let me tell you what I did.

You should always be able to get a straight answer - but its going to depend on the loan product type - conventional with hard hard and set rules, Non-QM/DSCR these are likely going to differentiate in some ways (including this area) among lenders, so it can be different by lender.Some DSCR Lenders for example are OK with Short Term Rentals which obviously wont have a lease (but may require other documentation like a listing or history). 

I know there's no single correct answer but would greatly appreciate your input and guidance as I'm a bit nervous with my first big purchase.

Exactly, poster doesnt have direction and wants us to give him the answer without any context.