FHA also has the same 60 day move in policy so that will be no help to you either.

Getting different info from a couple of insurance providers regarding policy "add-ons" and umbrella coverage.  

Not allow rentals for example, or come up with the pet policy or smoking policy or what ever someone things off. 2.

You can also put in a Indexed universal life policy which will allow you to gain interest while decide what you want to do and then later you can borrow against the cash value while it still accrues interest.

We just went through this and we also had our insurance company add the LLC as an additional insured on our policy.  

my policy covers all 4 rental properties. 

Charleston, SCFor the past 10 years the economic growth has been in the top 40 cities based on the Milkin Institute’s reports.The major industry is manufacturing of transportation with Mercedes and Boeing investing in facilities in the area.The Port of Charleston allows for easy importing and exporting from the city.While there is a high-tech sector, Charleston is not as reliant as other high growth cities.Charlotte, NCWith the exception of 2009-2012, the economy has been in the top 30 cities for economic growth based on the Milkin Institute’s reports over the past 10 years.The economy is less reliant on technology compared to other high-growth cities.Instead it relies on state policies to entice companies to relocate to the state.

I then informed him that she lied and said we had to do it, and that that's not their policy, he then got mad and hung up on me. 

I'll look into the policy further and see if it might make more sense in the long run to just rent my house out.

Add a strong guest policy, that guests can only stay so long without prior written permission.