Its if you try to apply for another mortgage on another property so soon will it raise some flags probably.Realize that there are reasonable life events. 

With that in mind, you apply for the variance to just that.

Did the gap exist when she looked at the home, applied to rent it, and then signed a rental agreement? 

Tenant states she has applied with United Way but hasn't shown any confirmation and of late will not provide a status update.

But I don’t think this applies to you.  

We’ve applied for a credit card to start building credit.

Your cost would be $20k, which means if you had that same $100k to work with, you could buy 5 $100k properties for a total PV of $500k (not just $100k).Here's the reason why I say percentages lie:  Suppose I said the Stock went up 15% per year (applied to both dividends and value) and the RE only went up 5% per year (applied to both CF and PV). 

Adverse action can be sent by email. you could send a hard copy if they don't use email, but how would they apply online without an email address?

Would it be a good idea to buy a condo first so that we can build equity into that property and apply for a HELOC to fund our STR in Calgary?

As someone else mentioned, well and septic if those apply.