Hi @Jon Pflueger to answer your questions requires more information. 

I think there is enough information online that another course isn't going to move the needle on getting involved with a MF property or not.

In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork.Under foreclosure laws, you have to send appropriate notices and try to work with the borrower and offer a loan mod before foreclosure anyway. 

Hello,I am in a current group of networkers, in central VA and we have a TREMENDOUS lender I could refer if you would like the information! 

RentRedi has options of "Accept", "Reject", and "Request Update (more information)".

They have a ton of really valuable and good information with their webinars, etc. 

@Joshua Christensen brought up some good points as well.

I want to become a real state investors and appreciate any information other investors could provide.I wish everyone a prosperous year!

However, there isn't a standard form like a NAR lease agreement; it just needs to provide some general information.

You should consult a tax professional for an answer based on your unique situation, this is not tax advise just general information.