I then assigned each cost with a letter and number.

E.g. balloon payment or rate increase is imminent?

If you think sending out 200 letters once with no follow-up and no second, third, or fourth touch, then the answer is no.

When I am ready to, I plan on driving for dollars and using yellow letters sent to absentee owners. 

Our next plan is to write her a letter.

Stay healthy, stay away from bad people.Some ideas to find the deals:walk/drive neighborhoods, look for neglected propertiesadvertise, newspapers, radio, pass out flyersWrite a nice letter to landlordsWhen housing court starts up again, meet landlords there - chatCall and visit owners of Expired Listings - make offersBuild a relationship with a few Realtors, offer to pay them a fee (3-5% of purchase price for unlisted buildings) for presenting your offers to FSBO's and expired listings (auto pilot investing) The purpose behind this is to open negotiations with sellers, I always offer well below their asking price BUT IN WRITING hand delivered by an agent (you save time, cost of gas and you increase the odds of finding a fat equity deal)Study Real Estate Control techniques; delayed settlement, assignment clauses, all types of options, hybrid or JV with sellers, repair consideration with possession (known as front porch offers) use one of the 21 proposals for seller financing (the best highest leverage financing you can get)My LOCK-DOWN has proven to be profitable, I have time to network and develop clients nationwide to mentor/partner transactions.

Mark them up 10-20% and sell them subject-to /owner-finance on 3-5 yr balloons.

The title on the document may vary depending on the location and situation, but basically it is a letter delivered to you or posted on your door that asks you to fix a problem or leave the property.

For example, turning an adjustable rate or a balloon into fixed rate, no balloon.A final indirectly related rule is I never add onto the terms. 

Finally, what's your strategy, do you send a letter, call them?