I'm Shawn Moore, the founder of Vodyssey and happy to answer any direct questions as well.  

If they have the ability to purchase the note, why can't they just buy it directly from the bank?

Also, any guides, info, or direction would be awesome. 

*the only reason I am not pursuing is because the home is located directly across from my current investment property and I'm looking to diversify my investment locations. 

First of all it's very rare a seller gets a buyer's EMD deposit for buyer's financing falling thru.

Since you are only selling the development rights and not the entire property, the existing mortgage on the building does not directly impact the 1031 exchange of the development rights.

@Dan H. can hear it, too, cause I think I read a post of his about not believing integrity is low.You have to understand with society-- integrity is directly inverse with the money they are seeking.

I work for a direct lender and we provide financing in Indianapolis along with 35 other states so I can guide you through the nuances across various states.

I prefer public comments here before you send a direct message, though. 

I will PM you so you have my direct line.