My understanding is that lenders typically just examine one applicant's finances when determining whether to approve loans. 

I went back to the Local Tax Collector and after a half hour of research and phone calls, it appears that when the original ONE parcel was subdivided into THREE parcels 29 years ago, the property owner never recorded the deeds with the Bergen County Clerk (which was in violation of the terms with the town who approved the subdivision: "the Developer agrees to promptly record the Deed in the Bergen County Clerk's Office.").

Since I am not in Texas yet, how soon should I be contacting lenders in that area to see what I could be approved for?

If I plan on moving to Dallas sometime late June/early July 2022, when should I start working with a lender to see what we could be approved for?

Since we are building individual units we have to consider impact fees for each unit for the city and water sewer and water line for them to have there own meters.Once permits are approved, we estimate the first model to be done in 2 months.

He's charging you for all the legal jargon you can't understand that will force you back to his office when you get in a bind.The lease sold by BP is state approved.

If anything you should be happy, you can probably rent it for a higher amount now to a tenant you can screen and approve.

Great write-offs, less taxes, but net income is so low it's hard to get approved for a loan.

BUT here if a limb hangs over your property you're legally allowed to trim that over your property line whether or not the "owner" approves.

Find out what documentation your banker requires, what LTV will they give you (what % you need to put down), it helps if you can get a Pre Approval letter.