I am trying to formulate my ideas.3. 

@Sean Spitzer  I’m not sure how you formulated that.

@Sean OtooleIs there a certain criteria that you have found to work best when formulated your list?

This is a key question to answer, as you can not formulate a game plan without answering this question first. 

Not surprising, it hasn't presented itself yet, because real estate distress takes awhile to formulate after the "event,"  which is the coronavirus economy shutdown. 

After reading your response I am going to spend some more time formulating, and dialing in my plan of attack.

If you need help formulating your goals and strategies, I love helping people figure that stuff out so give me a shout.

Check out the latest BP list, it also has links to the Beginner's Guide.http://www.biggerpockets.com/renewsblog/2013/04/14...If you need help formulating your goals and strategies, I love helping people figure that stuff out so give me a shout.

We have been listening to BP podcasts and reading as many RE books that we can get our hands on in preparation as well as formulating our business plan.

Do not let the costs of collections necessarily deter you, as they are unlikely to be as high as you probably think they are.Sit down for a consultation with a local attorney soon.Disclaimer: None of information contained in this post should be used to formulate a course of action on any particular legal issue.