Its much easier to get around at that pace compared to a car, and you're getting exercise!

Assist the distressed homeowner to exercise a right of reinstatement provided in the loan documents or to refinance a loan that is in foreclosure or is in danger of foreclosure; iv.

You need to exercise a lot of patience. 

After doing this written exercise on my fear of investing in real estate, I've been able to completely dismantle it.

Similarly, a good foundation in any subject matter, along with continued exercise / practice of that subject, should help to overcome the eventual changes that will come to pass.

Make sure to add all of these points to your checklist for reviewing properties and building PL's.Quick exercise lets evaluate your market.1.  

Part of this exercise will be developing your strategy.  

I'll see if I can help.Otherwise might be best to chalk it up to lessons learned, exercise your escape clauses and try again when you're better prepared.

As it stands, due to the first paragraph, I only entertain these scenarios at the point in which the tenant/buyer/borrower is ready to exercise their option.

I wrote all this as an exercise for myself, but I hope it's a high-view help to you.