The worst thing they can say is no.I've received my share of yellow letters, and the one that stood out the most was one where they all but accused me of not being around so they could contact me.

Once you have that letter, usually you'll be able to see any property that is within that letter in my experience. 

I was about to take them to court but I received  a letter from their attorney stating the closure of RPM Wichita and that the owner was liquidating properties to pay his debts.

You can find templates online if you choose to send a letter or call and state what the template advises.For an accurate view of your credit report go to my myfico.com those are the reports banks use to view your credit report.

I plan to send letters out within the next month and I wanted to know if I would be able to handle the phone calls if I sent out 50 letters a week.

-Typed letter:"Hello _______My name is Collin Schwartz and I would like to purchase your property at ___________.

I'm looking for a real estate attorney for a property in Falls Church, VA to help my girlfriend with with an ongoing loan issue.She was a victim on old balloon payment/adjustable rate loan originally through BofA that caused her mortgage payment to triple back in '09, leading to non-payment.She was a part of a class action lawsuit and was advised to not pay her mortgage.  

@Chris Thomas , you may have some luck with sending a letter via snail mail in hopes they set up a forwarding address.

@Alexander Carrasco, I was planning on pulling together personal funds and couple of the people I work with to come up with the down payment then for financing I was going to ask the owner to carry back the rest with roughly a five year balloon.

Go driving around the neighborhood and find some places that you're interested in and hand write a few letters to them to get you started.