There are financing options for self-employed borrowers in these sorts of situations, but they require a higher down payment than FHA.

There are companies offering interest rates sub 6% for a 30-year fixed mortgage with only a 20% down payment required. 

I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a fixed amount at $10,000processing fee $895registration fee $10,000Title and escrow fees: $4,000 est.6.5% rate fixed at 10 yearsPrepayment Penalty: Yield Maintenance months 1-114 (1% minimum)Third Party ReportsApppraisal Required Engineering Required Environmental N/A Seismic Report N/A Market Study N/A Funded EscrowsReal Estate Taxes Required Prop/Liability Insurance Required Special Assessments N/A Ground Lease N/A Replacement Reserves N/A Required Repairs TBD Debt Service Reserve N/AWould love to hear your thoughts on this as well as what you think is appropriate fees for the freddie mac sbl program. 

We also commonly share leases with folks we meet at the REI meetup we run each month.

The best thing you can do for yourself (and most brokerages may actually require this, I'm sure it varies by state), is to shadow another agent and put yourself in a position where you can learn as an assistant.  

Here are some tips to help you get started:Real estate requires a strong network.

CrowdStreet has been great, some projects require up to $50K down with most at $25K.

Many require RFPs from the prospective landlords.

I've seen a few houses that list as 3/2 requiring substantial rehab, but could probably become 4/2 with the right plan. 

I would be hesitant to say its not required in Alaska, Mike.