The home would likely rent for around $2,000 - $2,200.These are pretend numbers and you may find something that works, but I would be very careful with the math and ensure you account for all expenses, including vacancy, maintenance, property management, etc.

What if its a trust or its a single LLC for that individual property and the name and phone number that shows up is of the registering agent? 

The single-minded focus on cash flow, even while house-hacking, has prevented so many people from buying here in Denver and Colorado Springs. 

We have enough in our account and enough of an equity in our home where we could really start with any type of investment so that’s where it’s difficult to choose where to go. 

Thank you @Stuart UdisMy property (to-be) is a turnkey townhouse for a single family.

These figures all account for 75% LTV too, so if you decide to go with 80% you'd be able to pull more cash out.

I have been searching for single-family properties to make my primary residence, in hopes to buy and hold (long term investment/ equity), and came across a foreclosed home in my neighborhood that was newly built (2021).

The single most important advice that I have received is "Timing the market doesn't work, Time In the market does!" 

However, bank is not accepting virtual address as physical address and the banker is telling me that I cannot open an account in a different state than  where LLC is registered. 

You can also look into some of the strategies that Account Closed highlighted.