But once you get a property under contract an good insurance carrier can get you a firm quote pretty quick. 

In most cases I was told that they had high risk carriers who would write a policy, but they had limited protection and higher premiums.  

@Jacob StraussenTerm is essentially a commodity biggest difference you will see is if you want to have options to convert to perm that's when you would want to do more research and really get carrier specific.  

However, I've had a very difficult time finding any insurance carriers that will provide this type of coverage. 

We write with many different carriers but only a handful want, and are competitive on the mixed use.   

We’ve worked diligently with our carrier partners to keep rates stable for many years.

The initial premium is likely going to be higher, but she has some carriers that will allow this, depending on what the remediation is, especially if they are buying it as an investment and not a primary.

Also, carriers don't want to have a big number($) tied up in one area where if one claim hit it would decimate profits. 

You need to find a carrier that doesn't restrict Student Housing.

There will also be lots of “layering” between carriers where they share the risk which is something that’s been done on the commercial side for a long time now.