However on bare land most people do not carry an insurance policy.

Our policy is to disclose, whether legally required or not.

Aim to Sell commercial real estate as an agent/broker ?

I am currently in contract with a SFH and the lender requires a builder's risk type policy.

Then you have to look up your own credit score and I assume provide them with proof of 700 middle score.If you are interested in them, I would just contact them and ask many questions.I do not see a privacy policy on the website nor a way to cancel or back out once committed.This could be remedied with a phone call to them.

It can be good policy to keep the tenant but if they aren't asking for it, I'm probably not doing it until I need to or if there's an insurable loss..but that's me;Aside from that, you don't really need a POD and in risk more liability in moving their stuff.

I also have a general liability policy for my business too.

If I do buy, I will be aiming at the lower end properties, so that I will still have money for real estate investing.

What does the master insurance policy cover?

Doubt that happens.But, there are always exceptions, in rural areas they may be the only game in town for any buyer to use, if that's the case financing it to a new borrower, getting a better collateral position is better than it sitting on the books and taking automatic write downs while holding it for sale.Their written loan policy will dictate what they can do, to avoid issues of lending outside adopted loan policies means changing the policy for all loans, not just to a single transaction.