I understand that the property will still be covered by my personal liabilty insurance, but I would like to move the other business aspects into a separate business identity.

In the body clearly reference the clause it is modifying and the actual words used should be similiar if not identical as in the original purchase and sales, just with a different closing company.Who is holding the hand money/earnest money?

What you SHOULD have done, and it's a big dishonest, but so are banks, get your mail at the rental property.Not sure committing mortgage fraud is the best course of action here.

Or to use a legal term fraud.

Many lenders are doing periodic occupancy checks and because the property is investment / Rental, if caught committing "Occupancy Fraud" the lender can call the note due, foreclose and the owner is out like the fat kid in 5th grade dodge ball!

@Trevor Bingham, this link seems to make it clear that you would not be able to "get the rental with remaining VA credit":- http://www.veteranloancenter.com/handbook/investme...And please, do not even think about "having bills sent to the address", which would clearly be an attempt at mortgage fraud. 

Acquiring property management companies these days is a challenge and you will find out that even if you have a large check book, you are essentially buying someone's identity and future (in their eyes). 

why are you signing contracts to purchase if you have no intention of purchasing isn't that called fraud?

One of 10-50 identical ones in a group?

So 100% of all the funky claims you could ever come up with are covered, unless they are specifically listed as Exclusions.If the premium is identical, you always go with Special/All Perils