The first part can be done using this filter https://www.advancedcustomfields.com/resources/acf-fields-post_object-query/
The second part requires creating a custom location rule https://www.advancedcustomfields.com/resources/custom-location-rules/. I have some example custom location rules here https://github.com/Hube2/acf-filters-and-functions. There’s not one that is specifically for what you want. If you dig around in ACF and find the page type location rules you can pretty much copy most of what you need from ACF for use with your custom post type. Although, I just dug around in ACF and it seems that the Page Type location rule should work for parent/child no matter what post type you use it on (unless I’m missing something)
