You will want to involved an attorney who is experienced with these types of structures, as they can even introduce anonymity into the process by signing the public documents as a "nominee trustee," as described in this article.

I hope this makes sense how I am describing. 

If it looks like a duck, quacks like a duck and walks like a duck, it's a duck.The OP described a wholesaling situation pretty precisely, but even if she's not a wholesaler, screwing sick, elderly, desperate and confused people is still beyond reprehensible.As to the banks, there is no indication that a lender did anything wrong here. 

They would have a lease option as you describe - but I think they will need more than a 1 year term.

Hi Alex,We did exactly what you are describing— house hack in BK on a VA loan.

He is based in Annapolis MD and would feel comfortable investing there or Sacramento, he mentioned prices in DC are very high right now.How would you best hunt down a deal like you’ve described?

@Jonathan Crispin yes, what you describe is entirely possible. 

I just got a quote from an insurance broker for exactly what you are describing.

@Jason InesYes, if you are eligible for a Solo 401k, you can do as described.

In my conversation with the custodian, I described my intent to leverage the property in my SDIRA by eventually taking out the equity in order to purchase another property.