Make sure you talk to a Banker or Loan officer that is well versed in both SE (Self Employed) income and also Non/QM programs.One tip I will give you as a Banker is open up a "Business Checking account" and for the next 12 months pay "Everything" out of that account. 

https://golfwhitehawk.com/ JIm  just check this out  and this will answer your question  . 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Check for transfer costs before doing so. 

Check 4 weeks prior to your counties trustee auction date for new inventory. 

Agents are also advising you to look for expensive mistakes (like checking the sewer which could cost 5-40k) and using their network and contacts to find homes off market or FSBO.  

As I studied earlier, the first thing you should do is marketing, then get a call and do a property analysis to understand if it's profitable for you, then meet with the seller and sign all the necessary papers, then if there is a debt in the bank we do a reinstatement quote, then do a title search to check if there are any hidden debts, if everything is fine we look for an investor or flipper and sign an assignment of contract with him and wait for closing to get our money.

That is a pretty basic thing and common UNLESS you spelled out something different in their rental agreement.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Just check the facts and figures.Like you suggested, there are various opinions, which are all valuable and it's great like that.