( it may work)It wouldn't stop me if it were a good deal , I would get a good insurance policy and have him leave at the end of the lease .

have him specifically add you on his liability policy.

the policies local governments enforce there are something else for property owners. 

@Brit FosheeIf you're getting a title policy, it doesn't matter if you receive a SWD. 

I recommend getting an umbrella policy for $15/month.

Personally I think the housing stock needs to be updated and I don't think rent control is a good policy.

But I can take over your payments and pay them religiously for 2 to 3 yearsOption two we turn this into an investment property find a buyer that just missed financing and have them rent for a while, work on their credit, pay down some debt, and then when they buy it, they pay full price, you have a sale  without a real estate agents commission, without closing costsIt takes 2 to 3 years to get that done and you do have to have an insurance policy and pay taxes but you got some great tax write off's from the IRSSo Mr. seller which one of those you like the best, listing it with an agent and paying the costs to sell, maybe paying 5 to 10 grand out of your pocket to get rid of the housedealing with a property manager and gambling with landlord-tenant law, me taking over your payments, or turning it into an investment property and selling it down the road for full price, no commissions, and no closing costs?

Hello I am looking to acquire a General Liability Insurance policy for my business and am looking for a referral.

You may want to google Builders Risk Policy and the county you're flipping in and call a few of them for quotes/advice on your situation.  

It's not just MO, but most states are set up with the same Work Comp laws.Besides making it mandatory for each to carry their own insurance, here are a few solutions some of my clients use,1)  Have the 1 man show purchase a work comp policy with "if any" payroll and exclude themselves from the policy.