Since the sellers are opposed to seller financing, consider exploring alternative financing options such as traditional bank loans, private lenders, or hard money lenders.

Hi Brittany - @Samuel Eddinger provided you some great options for meet ups!

Is there another option that the kids should consider?

I would highly consider house hacking if that's an option for you. 

; Ability to travel; Long-term financial independence/stability/security; Happiness!...

Thus, when the loan comes due, the property could easily be worth less than the loan amount, leaving the owner with very few options, none of them good.  

Open to any and all options and appreciate the advice/input from qualified, experienced, investors and professionals.Thanks in advance!

If you want to house hack, the best option in DFW right now is probably to buy 4-5 bedroom home and rent bedrooms. 

Here are a few ideas that might help you navigate this situation:Explore Financing Options: While you've mentioned not being keen on a second mortgage, there might be other financing options available.

Disclaimer - I am not an CPA or attorney but I became financially free doing this for myself after 10 years working as a w2 engineer :( and I am sick and tired of seeing highly educated and hard working professionals getting stuck in the rat race because we deserve financial freedom and the option to do more with it.If you are able to implement a real estate professional status tax strategy (REP) you can use passive losses from syndication deals to lower your ordinary W2 income.