You may have to accept that with low income you need to be more hands on.

If the bank would even accept a short sale, they would probably list it on the MLS first to get the most amount of exposure and offers.- Tom

I can on a cash flow basis afford more land if it is amortized over a term to develop the area as an exclusive builder.New to commercial, isn't alot of commercial land leased by companies with a balloon?

Knowing the property value would go down when broken into we offered less and was accepted.I researched one found a murder occurred out front 2 months earlier lower offer accepted.

I wouldnt worry much, iIt could easily be the buyer couldn't get financing but if you do make an offer and it gets accepted, make sure you get all the disclosures..

I would tell them why you are not accepting them.  

I assured them that if they accepted the offer they could just walk away and never lift another finger in regards to the property and move on with their lives. 

They are in the best position to accept a deeper discount on a ho-hum note, a default or a slow pay as well as a performing note.    

I understand the need for a seller to avoid buyers who are not serious, but they could easily keep marketing and accept back up offers during the 1st buyer's due diligence phase  in case the buyer flakes on them. 

Is that acceptable for you?