Their mortgage insurance will cover their loss, so what do they care?

Hey Daniel, Did you include other expenses associated with the property such as repairs & maintenance, capital expenditures, property management, vacancy, taxes, insurance etc. within your analysis?

I thought I was going to receive my CTC at least by 11/30/17 (the date on purchase agreement for closing and date Lender told my home insurance agent). 

Is the home insured for vacation rentals?

Basically any insurance company can offer you a bond so you may try and call your local agent and see what he says.

Research what property taxes and insurance will be, etc....

However, for added insurance, my insurance company recommends turning off the water where it comes into the house. 

Same goes for insurance.

Liability insurance is necessary whether you own something personally, or in an entity, and that's where your main liability protection really stems from.

My insurance company paid for everything.