Creative Financing for seller rent back for 2 years

[Jeremy R. Henley]

Looking for some ideas.  I am confident I can put this deal together but would like some hints.  I have a lead where the owner is motivated to sell and the property needs some work, not a ton.  The challenge is that he is nearing retirement but still has about 2 years to go.  He wants to sell now and rent back.  Being that we are in the San Diego market rental properties are a bit tricky to cash flow without 30% down payments.  I am think there is probably some combination of down payment and owner financing that could make this work but my creative juices just are not flowing on this one at the moment.  I am meeting the owner again soon to learn more about his needs/goals for the future and I know this will help me get to the bottom of it but I would like to walk into that meeting with a few options that may be good for him and me. I would love some ideas or feedback.