We follow similar paths.

You'll find that if you follow the rules - you'll be on top. 

Most I believe have the right intention yet because of lack of knowledge and expertise mess up the deal and make promises to the seller and cannot follow through.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

The signing period opens in September for the following year.

Youtube for sure but always follow the instructions on the package.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

But one went much as follows...- Homeowner owes $70,000 on a Townhouse worth $65,000 in its current condition, so they are $5K upside down and do not want (or are not able) to do any repairs or bring cash to closing.

Should I simply email them or is there an official template that I should follow?

I’d follow those suggestions.