Owner Financing, Please help with offer.

[Martin CS]

Ok so here it goes again.. I done some wholesale deals but none with owner financing terms. I got this deal right now where the owner is willing to do short term owner financing . The deal doesn't have 30% equity like a typical wholesale so I may need to get creative in order to flip this .. Here are the #s..

Property's ARV is 90-100K (hard to comp because most around are vacation homes)
Rehab estimate - 10K-20K This would depend on buyer and also if flipping or just renting , based on market this would be a good rental (vacation home possibly). Frankly it just needs paint and carpet.
Purchase price- I can probably get this for $70K, 65K if I am lucky.
Possibly rent income - 1000-1100 /month (more if used as vacation home)

As you can see there's not enough spread for all cash deal but seller said she would hold note for shortterm, not sure how long at this time. What kind of terms should I be offering ? I would try not to offer interest or down money and maybe 700$ month? How could I write this into my wholesale contract?

I am also thinking about just getting an option and marketing on Craigslist to NY buyers (I am in PA Pocono area) and try to sell all cash. NY buyers like this area for a 2nd home and this crowd usually doesn't mind spending because the market is much cheaper in PA.

I kind of want to avoid owner financing because of buyer default which it means it could be messy and expensive for seller with a possible foreclosure. I don't like sticky situations . What do my BP investors think?