@Brad De VriesSome considerations:1) If you are planning to use a conventional lender, your parents would have to "gift" the down payment to you as you cannot borrow the down payment (it's your "skin-in-the-game").2) Capital Gains tax is a federal mechanism.  

On the surface, it can be a win for both. 

Thick skin sir but always be fair

Most of my calculations on 2 3 and 4 unit buildings require you to have to have substantial skin in the game

I'm worried that if they break their lease and leave, that leaves me with 3 offices to try to fill quickly, all of which are slightly more expensive than the going rate.I had a thought about offering to this tenant (who is interested in the 3 offices) to invite her to go in on the purchasing of the property, maybe inviting her to be a 10% owner, the thought being that if she has some skin in the game, she would be less likely to cut and run and leave me high and dry. 

Tire kickers with no skin in yet bothering residents by viewing apts or stores/offices is annoying and detrimental to our business. 

Not only will that give you info on where to find deals, but also financing, niches, and everything you need to get started in real estate investing.That being said, if you set up some keyword alerts on the site, you'll get notifications everytime somebody posts about "Tampa" or whatever you set your keywords to be, and deals can surface that way too.Hope this helps!

They have more skin in the game then you do.Make sure you get clear title.

Tax on the payback of the loan in 2 years is the only drawback but the 10% at the end will soften the taxes you will pay.Make sure they have skin in the came also. 

You May have to share a % of equity with him but he will have real skin in the game then.