In the event of emergency affecting safety during takeoff, with insufficient runway remaining (only 700 AGL to play with, no height to circle around for downwind to land on the runway), I will maintain control, make gentle turns (i would say MAX 15 deg AOB) to avoid obstacles, and land straight ahead. Before landing I will secure the engine, fuel shut off, throttle closed, mixture ICO, mags off. And Gen/batt off before touchdown. Call mayday sqawk 7700 if time allows.
My question is, should u even attempt a restart?