Take every piece of paper and every saved text message you have between the parties to a new lawyer.

With a home loan/mortgage, once it’s paid off, it’s gone, you have to apply for a new loan for the next piece of property.

Its a good thing Fannie came to the rescue with a more lenient 1 year tax return option that is also considered conventional financing.Hope that helps piece together what was mentioned above.

Any advice or a piece of info would help.Thanks alot 

That’s an important distinction because your end buyer’s bank likely won’t include that fee in the loan, which means your end buyer will have to come out of pocket to pay it.

With a family transaction the family dynamics come into play.Even if you agree on a price, if it turns out that you sell them five or ten years from now for a nice profit, is someone going to think you own them a piece of that? 

The property exists on some spreadsheets somewhere deep inside an office park, and there's many different people with different pieces of the pie. 

I have a longer, two piece one that's about 9' long for cutting lengthwise. 

I'm looking for my first deal and dont want to bite off a piece too big and moldy to boot!

You most likely won't see the same type of appreciation, but it could give you a piece of the income you need to relocate to SoCal.