...this post took a weird turn.A quick takeaway that I have heard echoed elsewhere (and in your post)* a pandemic led recession is unique and leads to uncertainty in recovery and treatment (economic responses can't fully "cure" the problem as it is public health issue)I must say that my general optimism is higher than it was during the April/May and I remain confident in human ingenuity and ability to adapt and respond (in the general sense...on an individual level people are all over the place).But yeah, thanks for the quick take and thoughts on where we are headed over the next 6-12.

Send a letter that in a nice tone says that there has been no payment and during these troubling times that you are here to work through their unique situation.Hopefully you have photos of inside the property when you visited to document the damage.Get any paperwork you have with the attorney.

Purchase price: $166,000 Cash invested: $1,000 Sale price: $215,000 This unique older property on a new foundation with a well, septic and propane furnace.

I read several articles on real estate and LLC but none really apply to this unique situation. 

Reject that kind of simplification and search for more of the underlying, unique identities of possible target markets.Less of a macro perspective, more of a micro one.

If it were a traditional Tri-plex, I would allow my normal protocol but this is unique to me and I feel I'm not thinking of something.  

We know that working with pre-foreclosures can present unique opportunities to create win-win situations for the seller and investor alike.What do you think are the best practices for hunting down pre-foreclosures (especially during this time of social distancing in 2020)? 

I'm in a unique situation where I need to pay the deposit to unlock the design and engineering plans to get the project's official financing approved.

I have saved up some money for that and want to make sure the numbers are not off before venturing into it.all markets are unique and Texas is at least for the lower value assets 150 to 300k pretty low margin area.. where builders just slam out the houses.. so if they make 10% on a 150k but build 100 of them a year.. pretty competitive there and you can build as cheap as anywhere in the country in Texas from what i see.. heck I pay more in building permits alone on some house than a builder in Texas will pay to build the entire structure :)  good luck. 

I feel as though I have a unique advantage being that I am a licensed building engineer and HVAC contractor.