You have several good financial options that folks mentioned above, but there is also a psychological/emotional component.

You're not worried that it swirls around chaos, takes time, emotion, resources and opportunity cost and you likely won't win.

I used to have airbnb renter that smokes weed and he used to smoke it inside, he just doesn't care, it is emotionally tiring for landlord to tell not to smoke instead -  the next day he brings his five friend smking outside and I got neighbor calling me LOL the subsequent drama is not worth it.

Real estate always works better when emotions are set aside. 

I have only done residential in the last 12 years, but have done a couple of deals with partners in my office for commercial and I can tell you, that commercial has a lot more math, less emotional and more detached than residential. 

Otherwise you end up making decisions based on feelings or emotions...and end up choosing a Single person over a Couple which could be interpreted as a FH violation (especially when repeated over time).

Just dont get emotionally involved in this deal.

Texas probably has local laws that are specific to Texas.The obvious question you will ask the attorney, is if you have someone sign an exclusive agreement and you can't prevent the foreclosure, what is the exposure and liability you would face.That will not be an easy question to gloss over since you are dealing with people's homes and they get very emotional if they think you promised to save their home and you fail to do so.

Hello Juan,I was looking for a template too, Each case will be different,For instance, I am about to send an offer to a non-profit that owns an apartment complex so need to make sure I tackle the emotions and try to build rapport with them.Below is part of my letter:After reviewing the property on x st. it’s current condition, It is our intention to keep the integrity of the building as is, we will commit to keep serving the current tenants and respect the 55+ over tenant profile for the building.

You can't let you emotions and situation effect your judgement.