My experience is that it will be a nightmare trying to sell to a retail buyer using a traditional lender and the house doesn't have a CO issued.

The Option Price shall be determined by reference to the section entitled Purchase of a Co-owner’s Interest below.c.

@Linda Weygant I have a co-worker who actually has bees.

It's pretty simple, you partner with someone or be in an entity where you can have the intent and ability to buy, do your accounting and paperwork shuffle internally after you actually buy, or you acquire a legal and equitable interest in the property as a co-owner then you sell.......or, obtain financial support so you may act as the lone principal. 

You could try a co-op mailer to ease the cost of your campaign.

But I really want him to be a co-owner, probably has to be tenants in common (based on my understanding that joint tenants has to happen at time of purchase and is equal shares) with him owning like 1%, which then I don't have to report his rent as income.