DP,
I must admit, I do not know much about the process you are proposing, however, have you thought about offering your services to your local flying school as a positioning pilot? I know that you won't get paid, however, it won't cost you a penny, and it will keep you in the saddle. Before I started instructing I used to do this on a regular basis. It was a lot of fun, and I ended up getting around 30 hours, which was mainly flying singles but on the odd occasion had a trip in the twin.
Just food for thought.
All the best.