If the buyer owns the furniture they could add personal property coverage for the furniture to the vacant policy.

@Ryan Blake I would love > 1.25% and think coverage like that is attainable, especially if I become a cash buyer with private money and I am patient enough.

However, always protect yourself with sufficient insurance coverage and good contracts if you're operating as a general partnership/joint venture.

I don't know what that means in terms of coverage if say your house burns down, could the insurance company not pay out a claim due to you having more than 1 family living in a "single" family house.  

The issue you may run into is the 1.25 Debt service coverage ratio required.

Where I am stuck is in finding insurance coverage for a situation where the tenant plans to have short-term sub-tenants.

And even then (if they know you), you and the attorney will have work to do (with title insurance coverage, etc.) to make it happen.

If you do and have a claim for your rental propertty, you won't be covered.For your rental dwelling policies, you will want loss of rent and business liability coverage included. 

I am not an insurance agent or an attorney but you could call your insurance company and they can let you know your coverage and options.I also carry a personal umbrella insurance policy as added protection just in case.  

When would you have some time to connect on the phone to discuss the various options and coverages?