Offering owner financing can expedite the sale of your property.

**Useful for Owners**: Property owners may seek a BOV/BPO when looking to refinance, make improvements, or price their property for sale[4].### Cons:1.

Examples - owner occupied loans for house hackers, specific market knowledge (ie - friend of mine that ice fishes and bought a short term rental cabin in an ice fishing spot that you and I would never know of), ability to do renovation on your own or cheap, contacts with local companies or organizations that would be a tenant source for mid term rentals, ways to source off market deals, etc.Whatever it is, figure that out and get started.

Regarding inspections, some PMCs will be at all, some will only be at the ones that have a high risk of failure or a problem tenant (renewal inspections).These are all questions you should ask when interviewing PMCs.Encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Purchase price: $825,000 Cash invested: $50,000 3-unit owner-occupied building in downtown Plymouth.

Research owners and connect with them.  

I believe in my state if a prior owner lived in the property they need to be served in person which many times is not possible.

However your situation becomes a trickier case study since these properties first served as your primary residence which could provide additional benefits form a tax perspective not available to an owner of investment real estate and nobody has a crystal ball and knows the property with certainty will transition into an investment property. 

We first negotiated a lease to have a "first-right-of-refusal", then when the owner was ready to sell we purchased How did you finance this deal?

This has been the trend recently and can definitely cause some booking anxiety for owners.