Find a good agent and good lender, run some numbers, see homes and pull the trigger.

Am I correct to assume this is very similar to seller financing however without title transfer since there's underlying debt he doesn't want to trigger due on sale clause?

You could also forward to a personal address, but the address forwarding triggers address updates for some senders.

Thankfully before I ended up pulling the trigger, someone shared the whistleblower article on these forums...

you can pull the trigger on the project by getting a construction loan that will refinance that will pay off the seller financing and provide 100% of the construction costs .

.- The other partner has two options in response to triggering a shotgun - they can either accept the offer for a buyout, OR they can in turn buy the OTHER partner's interest at the offered price. 

At least you should not be, if you pulled the trigger properly.

I am aiming for a policy where my cash value surpasses premiums paid as fast as possible without triggering a MEC.

Critical to understand the standard of care that triggers the clause and as the property owner you want negligence and not "wilful misconduct".

A broken washing machine probably wouldn't trigger this, but perhaps a refrigerator would.