What would be my best approach, I assume find a private lender and work out some deal with them.All questions and answers will help thank you.Normally the lender for the reverse mortgage will start a foreclosure.

I strongly recommend getting involved with your local REI meetup groups so you can work out your pitch with help from other landlords.I hope this doesn't come off the wrong way without tone or facial expressions behind it. 

Quote from @Dawn Roy: My response is not relevant to this transaction as it appears everything is going to work out with your lender. 

What would be my best approach, I assume find a private lender and work out some deal with them.

Start with a small one on the first couple to work out your system kinks.  

Hi Nick, how did this work out for you ? 

Without this workout, the down payment requirements, current levels of interest rates and cost of the transaction would not be incentivizing enough to for investment. 

Then use the experience to work out the kinks and build a strong boots on the ground team.

How do you even know if things will work out?

Perhaps partnering with a real estate agent using the BP real estate agent finder tool may work out in your favor.