I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Does anyone know if I qualify for this, if I don't have flood or wind coverage with the insurance company.If anyone else is in the same boat, feel free to connect.

If your hesitation is resting on inability / delay in qualifying for your second.. 1) most importatnly, you need to start with one..and househacking with low down is the best way to start. 2) buy that first one with intent of leveraging it to buy the 2nd/3rd property, IE live-in flip or find a motivated seller offering a steep discount.

The husband qualifed with his income alone, the wife did not make enough to qualify on her own.  1.

I don't think your applicant will qualify for LEAP but it's worth looking into. 

Only nonrecourse loans will not affect your personal DTI - if you personally guarantee the debt, you're going to take the DTI hit for it unless you can qualify for it to be excluded.Find a local lender who is skilled in working with self-employed and investor clients and talk through your situation with them. 

There are usually, plenty of issues with new homes, I would strongly recommend still having a home inspection before closing (if you haven't had a formal home inspector come out) and making the builder address any AND all issues, it's a new home, it should be near perfect.

How would I do that - send them a formal invoice or request, or can it be less formal like a simple email? 

It would depend on what the property ended up appraising for and what LTV you qualify for.

Whether it’s for primary, secondary, or investment use, the buyer still has to qualify with the lender based on their own financials, and that’s where the real hurdle can in.