Freelance editors normally do not double as literary agents. Not only is it not our area of expertise, but it can actually lead to ethical quandaries. There have, unfortunately, been cases of literary agents saying that potential clients’ work “has potential” but needs to be edited (by them or their employee), for an exorbidant fee. It would also be possible for editors to give the impression that they are guaranteeing publication of a project, when that is something no one but a publisher can do. Many professional organizations forbid their members to combine these two roles, to avoid a possible conflict of interest.
My facility with words derives from a love of literature and a background in French, teaching English, and editing. Throughout my academic and professional experiences, I have had the opportunity to work on a variety of texts, from academic papers to blogs to web content to novels while respecting English grammar and mechanics within the context of various style guides, including AP, CMoS, APA, and MLA.

The price you’re going to pay an editor depends on a lot of different factors. You may just want an editor to proofread your book to catch minor errors and typos. Or you may want to work with an editor to help you overhaul your book. Getting familiar with the kind of editing options available will help you choose the right editor. Typical book editing services are:
At first, I didn't want to add Fiverr to this list because there are a LOT of editors on Fiverr that aren't exactly a good investment.  But, that doesn't mean there aren't amazing opportunities out there.  Editors like Kerrie McLoughlin, have done an amazing job with their Editor Fiver gigs.  However, if you do decide to go through Fiverr, then ABSOLUTELY use my test to ensure you aren't hiring someone who isn't qualified.
I have over 30 years' experience in the publishing/writing industry, working as everything from an in-house editor to an investigative reporter to a novelist to a medical/technical writer to a screenwriter. I've been an independent contractor for 24 years working as a freelance editor (developmental and line editing), writer (fiction and nonfiction), ghostwriter, and copy editor.
In Frank’s situation, I would lean toward the first option of getting a written “developmental critique” or “manuscript assessment.” While a sample edit would be helpful in determining whether this person would eventually be a good choice as an editor, I believe the critique on everything written so far would, for most authors, be the most useful for making course corrections before completing the manuscript.

2. Copyeditors aren’t the last line of defense when it comes to a book’s mistakes. Formatting, which is done after an editor has done their job, can lead to unintended errors being introduced into the text. That’s why it’s important to hire proofreaders to comb through edited text *after* the book has been formatted for print or digital. Proofreaders are your last line of defense—but they’re human too.

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