What are some of the best practices in purchasing and flipping fire damaged properties?

I like credit cards for businesses.

If so, that's a liability claim under their property damage.

When it comes to pulling credit and background checks, TransUnion SmartMove is a solid option for independent landlords—it’s easy to use, FCRA-compliant, and the applicant pays the fee directly.

Most banks and mortgage companies do not offer mortgage loan programs for individuals with low credit scores.

Quote from @Deborah Wodell: I’d love to hear from other lenders and brokers on this...How do you handle it when a borrower brings you a deal that looks solid on paper—strong ARV, low purchase price, great location—but they’ve got:🔻 Credit in the low 500s🔻 Zero reserves or liquidity🔻 And no real track recordDo you consider the deal itself and try to structure something creative?

DSCR uses the rents to qualify or "Debt Service" the mortgage payment but credit will always be a factor and the higher the credit score the lower the rate. 

At inspection tenant is charged for all tenant caused damage and most damage is fixed shortly after the inspection.  

Roof 7 years old with no discernable damage on inspection.

Next time use a credit card.