There are 2 ways to think about the job/salary issue :1 is to accept it or 2 is to change it.

I have been a broker now for 42 years.. it has NEVER not one time caused a problem when I want to buy for my own portfolio... as stated simply disclose you are buying for profit or loss.. and have them acknowledge that.again we must be reasonable on valuations  unconscionable profits are still an issue whether your licensed or not... and of course its subject to a trier of fact  ( judge)

Based on the numbers it is not worth the issues you will face to hold it.

I found a FSBO and am preparing to make an offer.  Asking price is $65k and I have $40-45k cash available to put into it.  Question is, how do I finance this?  I would love to put 50% down and get a 10 year mortgage f...

She still worries at times having a maxed out HELOC, especially at our age,but she has no issues what so ever spending all the money it brings in.

If you have other needs, share them here or on the RING meetup site and if I can't help you, I bet somebody else in the group can.Not long ago, Baton Rouge was struggling with some issues of division that called into question our love for our neighbors and our fellow man. 

Recognizing the rent as income wasn't an issue.

I am researching the Realtor.com issue.  

I can't help you.. but I can tell you its for those reasons I will not flip in Texas anymore this has happened on virtually every flip we did in 3 different markets.. its a real issue in Texas.

If the only issue on their loan approval is that you don't yet own it (meaning the appraisal, prelim, and contract, will all be rejected), that means you can safely take ownership.