Josh Stetson congrats and gl in your new career in SE.

https://fred.stlouisfed.org/se...

There's nothing wrong per se with the standard contract, but it seems like a bit of overkill and more for someone buying a home, although we have included specific assignment-friendly wording so that it's inline with legal, etc.Or should I let it play out and then hope that the multiple riders and references in the standard contract will work with the objective?

Both of them have same limit, but SEP is maxed at the 25% compensation(for you adjusted SE income time 20%)  up to 55k. 

How are people managing, or is it only SE Texas?

My lender has about 6 branches throughout SE Ohio.  

Even if it hits, you can hold your assets for 7+ years as long as the rents are covering your mortgage and expenses. https://fred.stlouisfed.org/se...

I think many times with negative first person reports, it's not so much that a particular strategy is 'bad' per se.

My firm lends money to Investors and we build home in the SE.

I grew up in SE Texas, and lived in Jefferson and N Harris counties for the first 30 years of life.