Motivation and patience are both essential, and balancing the two is difficult.  

I guess contrary to what I said earlier, I am essentially looking for an unofficial mentor but certainly not for free. 

Essentially what you do is set up a lease option like any other but then you sublease the property to a tenant buyer and sell him an option to buy the property.

Otherwise, if you are giving them 50% cash with 50% financing, then you essentially have a 50% down payment...this is not a cash offer. 

@Sammy Lyon that is correct, the bank loaned 80% of the purchase price and the seller essentially deferred receiving the other 20% of the sale (his equity in the property) because he became the bank for the other 20%. 

So we essentially got 2k for less than a month of them being there while there property they were buying closed.

Your passion is very essential for this business.

I have this unit as an investment and the only thing we provide are the essentials. 

What I believe would happen is that any money your collect as down payment and anything that you have in writing as a credit toward their monthly, would simply show on the settlement statement as an overall credit toward the purchase price of the home, so they would essentially need to borrow less.  

essentially, the water company still bills us for all the water, but the meter would tell us how much to bill back to each tenant.