From: robertsrealent@aol.com (Roberts Realty Enterprises)
Newsgroups: alt.invest.real-estate misc.invest.real-estate
Subject: Re: investment property mortgage
Date: 3 May 2004 18:55:17 -0700

speednxsticket@earthlink.net (Speednxs) wrote in message 
> Honesty is the best (insurance) policy.  Your mortgage may require
> property insurance.  Your property insurance will state whether or not
> it is owner occupied.  Rental insurance is simply not the same as
> owner occupied.
> 
> Speednxs

Very true.  As a matter of fact, the insurance can even depend on the
occupancy term.  The insurance company I use requires one year leases
(these are single-family houses).  When I was shopping for insurance
they even said they would not sell me insurance for the properties
unless they had lease terms of at least one year.