If I am unable to land a well paying job right out of school are there ways to get approved for a loan that do not involve a current income? 

This particular situation depends on the language of the inspection clause....either you have to show there is a major defect, or as is more common, like most standard Realtor As Is contracts, you may cancel for any, or no, reason at all during the inspection period.

Job growth.Can anyone recommend a good information source to research the various markets?

Just as a highlight, the property has fire damage, was there insurance in favor of the lender which covers such damage and will that claim transfer to you or should some of those proceeds be used to demolish and clear site or clean up site; will you be indemnified for any future liability if not, etc - point is, I would worry more about your not so common deal rather than trying to find sample contracts of more common deals.  

Great job kid keep asking!

We have three kids, we homeschool, and I largely work from home with my day job.

This job has given me lots of professional experience and growth in the property management field, however it is not giving me the experience I feel will take me to my goals for REI. 

Both tenants are on the lease (were a couple but now are separated due to serious issues involving the Police) and have stable jobs.

I am interested in turning real estate into a full time job.  

Lots of new good paying jobs have moved to the area, and they are experiencing double digit real estate growth year over year.