so the short answer is yes you can do it.

Hi everyone thank you for hopping in briefly, I just wanted to depict how I entered the business of short-term/vacation rental.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

Now it is a stabilized long term rental on both sides for me.

You have never bought real estate in the USI know you mentioned you make up for your short comings in reading ton of materials and listening to podcasts.

In return for the City's rehabilitation assistance, participants agree to certain long term (5-20 years) rent and occupancy restrictions which provide for the continued availability of the housing to lower income families at an affordable rent.

The part that I am having trouble with is long term equity. 

@Rehaan Khan yes as said the term is "Seller Financing" however I sugest you do not use that term as it might confuse the seller.

This can be advantageous because it often allows for more flexible terms, such as lower down payments and sometimes even lower interest rates.

Are the other units rented long-term with leases in place?