We appreciate your patience and understanding with what we can and cannot do.We also hope you appreciate our proactive communication efforts to keep you updated.At the bottom of this message is a list of Executive Orders issued by Michigan Governor Whitmer that have affect our ability to conduct business as usual.On May 15, Executive Order 2020-85 was issued extending the suspension of evictions until June 12.

It sounded like laws had changed the ability for agents to be able to discus this.

Instead, know your skills and your abilities and use that to help them and propose what you could do to help.

Make sure you have a back-up plan if that happens - i.e. have cash or ability to quickly refi.

If you have the ability to move every year or 2, you could purchase owner occupied.  

Motivation can be money, but it can be to be closer to family, tired of being a landlord, tired of doing repairs (would rather move to a condo), age and ability to maintain, location transfer, timing...there are a million reasons that make a seller become motivated.But to your point, asking if real estate has enough deals to make money is a bit quizzical.

If you have educated yourself and are confident in your abilities and numbers @Cody Smith then debt is a tool to bring forward your investments so you can get the benefits of the investment now.

I'm curious as to why the previous owner would have rents at 50% below market value, that seems to be extremely low and maybe he knew something about his tenants' financial abilities to pay/not pay.

I have been doing a lot of research on investing (primarily into buy and hold rentals) and the one thing that seems the most unclear is the ability to scale up property acquisitions with obtaining more financing/mortgages.

The mortgage contingency is different: it's about you - and your ability to secure financing.