If you can stomach the fees to hold your credential, pay association dues for MLS and other Realtor "perks" ( I use that term loosely), and do the continuing education requirements, I don't see much of a downside.

Also most of these properties are in areas that are being bought by other investors, so don't plan to flip these at a profit unless you buy distressed property, rehab them, get them rented and provide a turn key for investors who dont have the skill or the stomach for this type of investment.

You're gonna need a strong stomach.

Sometimes it what you have the stomach for.

My stomach hurts from laughing so hard.

Chances are you will be able to stomach the smaller profit margin since you don't have to worry about monthly debt servicing.You can offer her 70% and and split the rest of the profit with her depending on what you agree to together.I make the assumption that you are looking to flip the property but if you are looking to do seller finance for the purposed of holding the property; you can do an amortized note for 2 years (10, 15,  or 30 fixed depending on your cashflow) which would give you enough time for seasoning so you can refinance it later.  

A $1,200 water heater repair is easier to stomach when you get $1,200 in rent. 

Is the low cash flow something to stomach in order to focus on starting the timer on the appreciation of this house?

If your investors can stomach that idea, then there really isn't any friction point there.

It really depends on your DTI and the lenders stomach for risk.