You can take apps based on the expected rental start date.  

I'm still waiting for the BRE to process my application so I can get my test date - hopefully it will be soon! 

But if the house cannot be sold within the closing date, does the wholesaler need pay anything to the original seller?

.- you cannot use non occupant coborrower for income purposes or you may have to increase your down payment significantlyAs for other underwriting guidelines, its pretty much the same as any other FHA loan.If all units are occupied you'll need atleast one of the tenants to write a letter to state they intend to move out by the date of closing.

Though I have to check out their story, their timeline for arrival are inline with other Medical Students/Residents/Fellows.  

Hey Fellow BPers!

Do you have the tenants sign a fresh contract or do you mark out the key dates and have them initial those areas?

I'm considering a rental agreement that states the move-out date in the contract (with option to extend under certain terms), and has them pay the full 2-3 months' rent up front, with a half-month security deposit also due prior to taking residence.

Anyone had any experience with this fellow Than Merrill?  

I'm asking around to all my fellow Oklahomans (or out of state investors) for rental property management businesses that you recommend and ones I should stay away from.