How to improve chances of getting a home loan when self-employed

[Kareem Aaron]

I'd like to apply for a home loan so I can purchase a property in Dallas TX that I'll rent out. 

I own a small IT Consultancy business in MD and have a good credit score. However, I've been self-employed since 2010. 

From what I heard, banks and credit unions tend to decline loan applications from self-employed people because we're viewed as high-risk.

Are there any best practices or tips on how I can improve my chances of getting a home loan?