Hope things work out and get another rental in your portfolio.Good luck.Regards,Bhavani Dewan

As a primary residence someone may pay what he wants, but if the numbers can’t work and he has reached the end of his rope in terms of negotiations then you may just need to let him know and say to keep you in mind if he has other opportunities in the future.Try not to get tunnel vision on one potential deal.. there are always other opportunities out there if this one doesn’t work out

If he doesn't have the drive to do this it might not work out great. 

Usually the off market deals are in bad shape and can be capital intensive to bring them back up to date.

We also found a tenant for the downstairs that also has a dog which is not a support animal so hopefully it will all work out.

I hope things work out for your situation!

Ideally, I would structure the offer so a percentage would be used as a down payment like 5-6% enough to cover the listing agents commission + a little extra, then work out the terms of the owner financed agreement.

I was just saying that HML  don't want to walk the fine line of purpose.. so they just don't want to lend to anyone living in the home as a primary.. takes all the guess work out of it.. 

How did everything work out? 

If there's a way to control the HOA and you have majority ownership, then it may work out