Have a list of rules and apply same rules to everyone.  

I'm assuming this is a rental property and based on your description you likely would not be able to get "conventional" financing....meaning, "delayed financing" would not apply here.  

However, the gain exclusion rules do not apply to that portion of a residence previously used for business or rental purposes to the extent of depreciation allowable. 

On another note, I was under the impression that you could have multiple conventional home loans in Texas before you were required to apply for investment loans, which would only require 3-5% down.

Is there anyone that is already doing section 8 / housing choice vouchers...how do target people with vouchers to apply?

I have highlighted this text in AB1482 (CIV 1946.2) belowIf I am reading this correctly, it would seem that the statement I highlighted in the NTT form is not a universal statement that applies to all leases, only ones that are created and entered into on or after July 1st, 2020.

It so simple, but so powerful3) Set For Life by Scott Trench - While this book is geared towards the younger crowd, many of the principals still apply to most people.

Additionally, a mortgage broker I worked with previously suggested that before applying for a mortgage that I try to not have any other outstanding loans since the loan to debt ratio would hurt my chances of being approved for a larger amount, is there any accuracy to this?

A way around the wait period is to apply for a FHA, USDA, GSE (federally backed) loan that requires the flood insurance.

So, most of this should apply nationally.