If the firm you approach does not offer these privileges, keep searching until you find a company that will allow you to contact the higher management whenever you want to discuss the condition of your property with them.6.

With land purchase and building, depending on location could be light years apart and so would the approach.

Do you see anything wrong with our approach? 

@Yanni Mans  I would take a different approach to your question. 

If you own the rental properties free and clear (no loan against them) you can just approach a couple local banks and ask them about refinance - meaning getting a loan against the properties. 

I will take a different approach for #2 option.

I know many that do this approach thus no need to season the loan or have sellers not choose your offer because it has an FHA loan attached to it. 

I bought for $750,000, and today, I own one of the last multifamily buildings in the whole of Boston and am approached constantly by Realtors who pitch a sales price of $3.5 million.

Interested to see what was the approach. 

@Dani Beit-Or Approach a 'surety' company that provides these construction related bonds and see what they say as far as bonding the lien off.