It really depends on the structure of the deal and the lender's guidelines.Another option you might want to consider is a DSCR loan (Debt Service Coverage Ratio).

-The insurance market could change by denying/reducing coverage to addicts, putting this clinic out of business.The way I see it is even if the clinic shuts down and they break their lease, I could always rent it at market rate to a normal family, or I could just sell the property.  

It's a very comprehensive of how to safely find and fund a private money loan secured by real estate that has a lot of equity protection.

If the tenant causes damage to the property, does builders risk provide adequate coverage?

It's in the BP bookstore and a comprehensive guide to finding and funding a private money loan safely and secured by real estate.

However, it's important to recognize that some income is better than none, particularly in today's challenging rental market where securing tenants can be difficult.Additionally, if you require assistance managing your property, I am affiliated with a property management company specializing in comprehensive services for long-term rentals.

Following to hear how skimping on the expenses involved in a true double close works out.I doubt a hold-open or a binder provides the coverage that will be needed here.

I doubt your father in law's insurance will accept coverage either as you are clearly trying to circumvent the GC relationship to save money.

Have you looked into the comprehensive and liability insurance for that type of property/business? 

If the budget wasn't comprehensive enough and you need to add in maybe 8k - 10k more on top out of pocket.