I'm happy with that arrangement, Our investors seem to be happy too. 

But it's not impossible to get in if you have capital and the right arrangement.

It is the lender's option, not a requirement, but there are contractual arrangements that do make it a requirement if interests have been transferred.If you can't understand and live with the risk, don't go there. :)   

They worked out an arrangement where he was at her property before and after school. 

If you want unauthorized vehicles towed, make an arrangement with a reputable towing company.

What do you think his reaction will be when you need to sit down and talk together about the arrangement?

Furthermore, nowhere does it say that the mortgagee is responsible to arrange for the correct insurance to be put into place.2) Even if you are right, and the mortgagee is somehow responsible for your losses (which I doubt), it's likely going to cost you much more than $5K to fight this thing in court.So, while the excerpt you quoted certainly suggests that the mortgagee may have had a responsibility in this instance to which they did not live up, those responsibilities seem intended to protect the interests of the insurer, and this does not, in my opinion, hold them responsible for your losses. 

We don't plan on representing buyers or sellers like a typical Broker/Salesperson arrangement.

We paid for the hotel and the tenants arranged for the moving of their stuff.

-Pre-Arrange any early withdrawls with your attorney and see Gold Rule above.