Owner financed land contract with partial/late payments

[Kelly Flatt]

Long story short- inherited an owner financed land contract. Long distance management. Previous owner was a sweet little old lady who allowed people to "just pay what you can when you can", with the thought that interest and loan would continue to grow. Property inhabitant has a habit of paying combined, partial or late payments and falling short for the year. Moving forward, we want a stable payment and for the loan to eventually be paid off. For the new year, we are holding a new sheriff in town meeting with options to pay correctly, sell back the property or be foreclosed. With her December partial payment, she requested to use zelle instead of checks as she has in the past.

Should we allow zelle? Is there a way to ensure full payments? Will moving to zelle make it harder to foreclose later?

Thanks in advance!