Again, getting paid $500/mo to live rent free and essentially run a hostel is probably way too much of a pain for most people, but I'm ok with this.

Im working on closing a wholesale deal and the contracts are essentially all signed.

We took the house from a burned out shell to essentially a "new" home with vintage details inside of the restored historic exterior.Lessons learned?

I found a buyer who would buy Lot A for 1.1MM and Lot B for 300k, for a total sale price of 1.4m I owe about 480 on Lot A, and own Lot B free and clear.The way I set up the sale, was for the buyers to purchase  Lot B cash for 300k, (So they would essentially own Lot B outright, but I would have a first position lien securing Lot A) and Owner Finance Lot A with 180k down, leaving a balance of 920k on the loan. 

We did not get a tenant for the house until March 26th 2019, essentially two months later.

Otherwise, as far as I know they are essentially squatters. 

Essentially, what are the terms? 

Housing would be considered essential by any custodian.

I have a home of my own and am currently paying the mortgage off of that one with the help of having some rental one of the bedrooms out.I do not want to miss this oppurtunity as I can use my current home when I take over my parents as some kind of investing property (more or less, rental)Although when this time comes around, I will still be paying my own house's mortgage, they essentially will be still living there paying me rent for the mean time as they wander to look for a smaller property for retirement.Any advice on what I could do?

Essentially leasing an apartment or house from someone, and offering it on Airbnb at a premium.