@Tiffany S. well I have a mortgage already so I'm pretty sure that will count against it..but I'm looking to do section 8 housing so I guess for my first investment I would rather just deal with a turnkey unless there is a deal to good to pass on..should I give my credit union a shot?

The seller assigns the leases to you, credit you for your part of the months rent, as well as the security from the tenant.

The property mgmt even "agreed" that the master policy in theory could be applied, but won't 

Their only punishment was damaged credit, but now enough time has passed that their credit is restored and they are ready to start the process all over again.

Dodd-Frank applies to consumers. 

After a year of renting you can then refinance to pay off any loans/LOC used and or cash and have all of your funds and credit available for use once again.In the meantime you may be able to use the equity as collateral for a line of credit.  

There has been a time push out, the realitor was asighed to me, I made a bid 20,000 less than asking, my question is there is a Credit on the closing cost, I have not questioned it yet, I'm thinking it is the reality lady foisting the repair costs at the last minute on to the closing, in the contract I signed this is the sellers responsibilitie , I have to make a discussion, should I question the financial woman on who , why and how much the credit is.

I keep hearing about people saying they are opening unsecured lines of credit.

I have just under an 800 credit score.

Even if you were buying another primary (which you aren't - you are converting your primary to a rental, then buying a new primary) the bank doesn't care as long as your DTI ratio and credit score can handle it.