Also I feel like I could offer more with seller financing, but confused on how to come up with that amount of $$$ for the rehab, pay off the balloon AND construction loan.

When I'm preparing these letters/documents, I'm really learning as I go.

I would then follow that up with a lease violation letter aka notice to correct.

Most people will tell you that your second choice can't be done, but the IRS has issued two (2) Private Letter Rulings on point where they did allow the taxpayer to build on property they already owned through a 1031 Exchange. 

This is from Thursday's quarterly shareholder letter/meeting. link to letter pdf"In June, we broke ground just outside Reno, Nevada on a site that could potentially be the location for the Gigafactory.  

Although Commercial debt has a balloon period of 3/5/7 years it’s not adjustable.  

Direct Mail Campaigns: Think about sending postcards or letters to homeowners in specific neighborhoods, especially those who might be facing financial challenges or have inherited properties.

Its CMA system is fairly accurate, but the free lead lists and the easy use of marketing and sending letters and postcards is also nice.

They sent a few letters and even called me twice, but I continued to ignore them.

@Gregory Fazio When using seller financing, ensure the interest rate is competitive and clarify the amortization period to avoid a large balloon payment.