However upon approval of the buyer's mortgage, the mortgage company uncovered that the HOA did not have proper insurance to abide by federal requirements.

I could help take on closing/rehab costs, oversight of contractors, etc, and would be open to discussing the proper assignment with someone of that nature. 

I like 75% or below to stay on the safe side.Debt service coverage ratio (DSCR) is Net Operating Income/Total Debt Service is a metric that allows us to finance properly with agency debt and to other options available to close.

Managing as many units as they do, I trust in them having proper systems in place to make this as seamless and painless (I know, I know...) as possible for all their investors.I am NOT freaking out (yet) about being able to pay the mortgages if rent dries up. 

Shame on them.But if indeed you are doing a proper reverse exchange and the QI has title then there are a couple of things you can hope for and rely on.1.

Within Indy city proper, I've found 3b 1ba more popular of a layout.

A multi member will need a good operating agreement— more money to have lawyer setup properly.

Many of these items are trivial to fix such as missing smoke/Carbon monoxide detector, water heater not properly strapped, etc. 

Their last month's rent is then due at the last month.I am also seriously considering a rent credit with a weight tilted to longer term tenants.

Short term, there is great market uncertainty but if we are able to position ourselves properly, and this has a different meaning to every investor, then in the long term, the benefits will outweigh what we are going through now.Not meant to be motivational, hahaha but more so a reminder to stay diligent, be proactive, and keep the wheels turning.