My goal on this platform is to expand my network and develop relationships with brokers, owners/operators, investors, and others who are looking to learn more about multifamily real estate!

Being owner occupied means getting the lowest interest rate, and a conventional or fha loan. 

I will have another post about it and what's going on but I have reached out to the current owners and awaiting a response they are currently wanting to sell.

Pull the vacant properties in your area and call the owners.  

If the numbers make sense, the plan is to approach the seller and attempt to get a lower price for this "2-story" building which has vacancies, since that's what the owner is selling.

[agreement] shall be for an indefinite term, subject to termination by the Owner.

Not exactly sure what Safeguard does but if they are originating notes for owner occupied properties then they need to follow the Dodd Frank rules and anyone buying such notes should make sure they did.  

You are interested in investing in short-term rentals as an out-of-state owner and how to furnish and get the property ready remotely. 

Some have done owner financing with an agreement to pay all interest and equity splits when the home sells others have done it where they do a quitclaim adding their name onto title with the seller so once rehab is done the seller can't try and cut you out of the deal. 

Remember that for most owners, their business is very personal to them.