Assuming you obtained Owner's title policies when you purchased each of the 5 properties, you may want to contact the title company that issued the policies to make sure you won't lose your coverage after you transfer title.Good luck.  

They will automatically set you up with liability coverage.

I use American Modern Insurance Group, it’s easy to set up a policy with them over the phone that provides coverage on an empty building.

I used a specific investor savvy attorney here in North Carolina that is very well known for his flexibility and comprehension of real estate investing.

I used a specific investor savvy attorney here in North Carolina that is very well known for his flexibility and comprehension of real estate investing.

Now, if the other parties coverage will pay?

I'd like to purchase a retail condominium interest (multiple tenants, multiple units) situated in a mixed-use development at a price that is supported by a DCR (debt coverage ratio) that lender approves. 

My understanding is not about the belongings but the liability coverage part that is usually included with the renter's insurance.

Housing characterized by 1-3 story buildings, but at a higher building coverage than R3 zones.

Also, insurance companies will insist you have a tenant in the property before they provide their most reasonably-priced coverage.