And no im not trying to rip anyone off, plz be gentle with your responses if you choose to respond as this is a brand new venture and im still  learning!!

A wrap does NOT remove the risk of a due on sale clause being exercised by the 1st position lender. 

He did get 7 years of “free use” tell the buyer how much they can buy the two other parcels for and see if they want you to exercise the rights for them before the properties sr epermanently lost.

Life's just not that simple.I really hope this is all a tall tale, an exercise in make-believe for you, and your parents aren't really making this choice.

@Olivia TaittHi Olivia, if you want to go down that route, I would do a lease option for 24months and ask for $330-350k with a down payment (up to you, but nothing less than 10k), and the rental for $3,000 monthly, or something close to it. if that person don’t buy it in the end of the lease, you still own the proper and that gave you enough time to save some money. keep in mind that they can exercise their option at anytime.

The Violence Against Women Act (VAWA) is a federal law that provides housing protections for people applying for or living in units subsidized by the federal government and who have experienced domestic violence, dating violence, sexual assault, or stalking, to help keep them safe and reduce their likelihood of experiencing homelessness.Protections it offers:Under VAWA, someone who has experienced domestic violence, dating violence, sexual assault, and/or stalking (VAWA violence/abuse):Cannot be denied admission to or assistance under a HUD-subsidized or assisted unit or program because of the VAWA violence/abuse committed against them.Cannot be evicted from a HUD-subsidized unit nor have their assistance terminated because of the VAWA violence/abuse committed against them.Cannot be denied admission, evicted, or have their assistance terminated for reasons related to the VAWA violence/abuse, such as having an eviction record, criminal history, or bad credit history.Must have the option to stay in their HUD-subsidized housing, even if there has been criminal activity directly related to the VAWA violence/abuse.Can request an emergency transfer from the housing provider for safety reasons related to the VAWA violence/abuse committed against them.Must be allowed to move with continued assistance, if the survivor has a Section 8 Housing Choice Voucher.Must be able to provide proof to the housing provider by self-certifying using the HUD VAWA Self-certification (Form HUD-5382), and not be required to provide more proof unless the housing provider has conflicting information about the violence/abuse.Must receive HUD's Notice of VAWA Housing Rights (Form HUD-5380) and HUD's VAWA Self-certification Form (Form HUD-5382) from the housing provider, when they are denied admission to a HUD-subsidized unit or HUD program, when they are admitted to a HUD-subsidized unit or HUD program, and when they receive a notice of eviction from a HUD-subsidized unit or notice of termination from a HUD program.Has a right to strict confidentiality of information regarding their status as a survivor.Can request a lease bifurcation from the owner or landlord to remove the perpetrator from the lease or unit, and if the housing provider bifurcates, it must be done consistent with applicable federal, state, or local laws and the requirements of the HUD housing program.Cannot be coerced, intimated, threatened, or retaliated against by HUD-subsidized housing providers for seeking or exercising VAWA protections.Has the right to seek law enforcement or emergency assistance for themselves or others without being penalized by local laws or policies for these requests or because they were victims of criminal activity.Source: https://www.hud.gov/vawa

Upon exercising the option, seller would provide owner-financing for a portion or full price.

I paid them for their time and had no problem doing it since they were not local to me so I couldn't exercise the option to try and work for them to learn the business. 

Of course, debt allows an investor to scale quicker and take advantage of appreciation on a larger scale but running a risk analysis on who's making loan payments when the SHTF is a useful exercise.

In that book, there are a series of exercises (written exercises) that you can do to help you possibly come to some conclusions on your own about how you want things to be for yourself in the future.Good Luck!