@Travis FelchliaA bank isn’t involved in a seller-financed sale; the buyer and seller make the arrangements themselves.

I would love to hear from others about what arrangements have worked for you.

So retaining an attorney who can develop an arrangement for you is important. 

Since the arrangement is negotiated directly with your family, they may be more open to accommodating your current financial situation and future plans.

Do I send them notices to perform or proceed with arranging for repairs and deduct their deposits?  

Through our meetup, I was able to help arrange an investing field trip and we spent the day looking at properties owned by some of our members, along with discussing how the properties were purchased, etc.

Lots of advantages for small business owners to own/occupy buildings like these because they set up well for convenient work/live arrangement. 

My department was one of the few in the company that was considered essential, so I then spent the next 2 years trying to manage a team through establishing alternate work arrangements for social distancing, contract tracing, quarantine management due to exposure, isolation due to infection, reporting for OSHA requirements, teammates leaving the workforce, and trying to hire for the open positions.

You could make an arrangement like this: tell the owner that you will pay cash for the 3 acres and ask her to help you with the down payment on the 17 acres.

And regarding pre payment penalties, you can arrange a higher interest rate on the loan to avoid it