How can I make this work?

[Camron Cottam]

Alright Bigger Pockets community, I need all the advice I can get on this one.

I am soon to enter my last year of college and have a loan that I use to pay my rent. I want to get into a multifamily home this summer. In my area a decent multi-family will go for around 150-200K. I have great credit and my parents are willing to be co-signers. I currently serve tables and don't have much income to show on paper. With that being said I have someone who is willing to give me anywhere between 20-50K given I can prove to him that it would be a good investment with his money. My idea is that I get an FHA loan and live in the property for my last year of college. I don't personally have access to a lot of capital but feel with the money of the investor and my college loans that I may have enough to make this work.

So my questions are how do I make this work?

How do I structure a deal with my investor in order for it to be worth it for him as well?