It does allow them to be an extra set of eyes if your coverage changes/lapses for any reason as @Robert Melcher touched on.  

You can rent, or live in but the recommendation from the local tax collector would be not to sale or do any major rehab until the litigation period has lapsed. 

We are able to build out vacation times and days off where we know that the other members of the team are available to serve our clients so there are no lapses in coverage. 

But either way, I wouldn't be afraid to give away momentary profit for knowledge that costs thousands of dollars through courses and mentors and have the ability to repeat and grow more deals.Hope that helps! 

Also, if that sub does not carry workers comp. or lapses the policy and one of their employees gets injured you may get brought into the claim as the GC.Just some things that you need to consider if you are a self GC.

With an overfunded policy, would it still have a cash value if you could no longer afford the premium and your payments lapsed?

You will also be notified if they ever cancel their insurance or allow it to lapse, making it easy to track compliance.

Currently the leases have lapse and are now on month to month basis. 

TLDR: Insurance is supposed to be for catastrophic lapse, use it that way.

After 6 months my opinion is that this momentary dip is going to curve back up - and in my market there is 0% evidence of actual value decrease, only asking price decrease (BIG difference).