BiggerPockets, I need help drafting an Owner Financing Proposal...never done it before.Details: I have the opportunity to purchase 3 Condos in a nice complex for $105,000 total from the same owner. They agreed to ow...

@Edward Mahoney  You're correct that FHA is owner occupied and as memory serves me, it's supposed to be at least 12 months unless there's some verifiable reason like a job transfer.Don't fake the owner occupancy bit. 

This is the document that memorializes your agreement to assign the contract to another party in exchange for whatever fee you will charge.

And he has been enthusiastically trying to craft a solution. 

If memory serves, our vacancy got up to about 5% a few years ago, but very temporarily. 

Its always better to get your principal back to go do another deal.I like to take a macro view and tally up all the deals/investments at the end of the year and see what the net profit/return is.That way you can average all your deals and you may also end up with an out-sized PROFIT house that averages out the small 5K profit you made on this one.Like Lebron James says, just try to get better at your craft every day..!

Maybe there is a memory leak?

The style is Prairie school/Arts and Crafts, 20+ windows for each of the two apartments, which each measure 1760 ft2 with an additional  880ft2 of storage space for each apartment in the basement.

The pitch deck will also get crafted alongside in anticipation for any investors that want to give a nobody like me a chance.I was thinking that with my lack of a track record, I can hopefully make up for that with presenting an actual deal rather than a fund's unknown future for example, as well as credible firms crafting the financials, PPM, and due diligence documents. 

It's been a long time, so my memory is a little fuzzy, but it seems like we may have also offered a credit on their next month's rent to offset the higher cost of utilities during that time as well.