Also, some lenders allow a shorter seasoning period so that should not be an issue. 

I'd say I'm about 50/50 on acceptance of this but if not I'll hold for a few weeks no issue but never longer than a month and that's only if I find someone to start on the 1st of the following and I get it rented fast. 

If there were payment issues with the original subs, this becomes even trickier and could result in clouded title with mechanics liens.

Two separate issues: 1) getting tenant to pay whats owed and 2) switiching the bills.1) court and collection followed by eviction process starting.

The only issue is that I don't think I can qualify for the loan I would need to do that.

He has many real estate clients so he knows real estate issues very well. 

It's 7k/month rent and the renters are both 1. totally incapable of living a life with typical home issues (occasional bug in the house, weird smell here or there) and 2.

Would repairs support demand for rent at increased - considering you already have issues with rent payments on time?

As you noted in your original post if the loan was signed on or before June of 2016, there is no issue. 

I like the idea of the fund right now during economic issues because I want some diversity within different classes in Indianapolis, as well as geographic diversity in the MHP fund