Then, would it be an issue if they see that the funds and reserves were recently deposited?

How do I find an insurer that will issue a policy for a rental?

Let's break it down:Sole ownership-Keeping the property in your name is the easiest way, but it means if something goes wrong, your personal stuff could be at risk.Land Trust-A land trust can hide that you're the owner, giving you some privacy and maybe less trouble if certain issues pop up.

The last thing you want to do is wipe out your savings to buy a house and then have a major issue like plumbing or a leak on the roof come up and have nothing to rely on but credit cards. 

Possibly selling a townhouse with HOA issues that will leave me with some profit.

I contacted Lima one, and the same day i was issued a generic pre approval based on a bank balance and credit score alone for over $1MM, unfortunately they are not lending in IL so I will keep that option open when we are looking in other states.

Doing a refi will not fix the issue.

Liability issues? 

But, its still a foreclosure --- all those issues still apply.Good luck.

In regards to financing, there is no issue getting financing for a new construction modular project- These are my steps: buying cash, getting a hard money loan for construction, building the homes, getting an appraisal (should be the same valuation as any other property) and finally taking a proper 30 years finance.