Having that, you can file a claim under the contractor's liability policy for issues such as what you described.

You did not lie on the application for the loan and you can't be held to change it because you need to move.The tenant should pay you and you pay the lender as you have.Change the insurance to a landlord policy and you pay the premiums from rents.

In some districts, there are zero cases of them occurring.

You certainly know your risk tolerance better than anyone else.

Jon: i am checking insurance policy and lease now.

Nathan,Taxes are approximately $5000, more like $3900 as owner occupied.Something I left out and is that I am using a VA loan and plan on placing zero down.

I would not be comfortable with any landlord policy that excludes pets.

(vacancy is a major cost overlooked by many people, zero vacancy is great.) 2.

Make the tenant get a renters policy without a dog exclusion that names you as additional insured... 10 day notice of cancellation clause so you know if it lapses.

This way I could have zero cash invested after the transaction is done.