If you meet the requirement of having lived in the property for 2 out of the previous 5 years then you would be able to apply sec 121 to your sale but there are two additional restrictions.1.

Is anyone aware of new Freddie restrictions where they are not doing any investor loans at the moment?

Why restrict yourself from having any information that in the future could be of value.I have used SI# for small claims court.

Agreements should be reviewed as the language could impact your ability to redevelop the property, restrict any new tenants/equipment on the rooftop, or even restrict the ability to perform maintenance. 

See: https://www.ssa.gov/pubs/EN-05-10096.pdfA student who comes to the U.S. to study with a student visa, falls into the category of non-immigrant status and will be restricted to study only, not work.

Due to size and breed restrictions I have, my risk is somewhere between non-existent to low.  

The BK is what's restricting your financing.  

@David Brizendine Los Angeles County...no city or lot ordinances or restriction.

@Brent Coombs There's a one year O/O restriction, or hold time where I carry it, after that it's up in the air...

A good real estate agent is also key, but remember they have a little bit of self-interest to get a property sold, in addition to some legal restrictions as far as what they are allowed to tell you, so while the majority will give tremendously valuable advice, I always suggest that you fly out to the property at least once before your diligence period expires to drive the neighborhood and get a feel for it yourself.