Unless you are obtaining a DSCR (Debt Service Coverage Ratio) loan or working with a community lender through a portfolio loan, you will likely need to take title to residential real estate in your own name at the time of purchase.

I do understand that the answer likely varies depending on location - this is in a very nice suburb of Philadelphia. 

I started working with Rent To Retirement last year and really like what they got going on over there as well.

We have a potential buyer of a lot in St Augustine, FL who would like to build a new single family short term rental.

I like 3x gross rent scenario, no past evictions, and a credit score of 600+ 

I had never fallen for a scam like this but Dutch is really believable and uses the God and country stuff to entice investors.

This concerns me when you state it is cash neutral because if your underwriting is like most newer RE investors it would mean you are cash negative.  

Then talk to a qualified, professional QI like @Dave Foster.

Op ex ratio may end up being more like 45% or perhaps 40% with newer high quality construction.

Using a Whole Life Insurance (WLI) loan avoids banks but accrues interest, potentially reducing policy benefits—compare this with other financing options like HELOC or seller financing.