@Wayne Brooks sort of picked up on that notion too.  

There is some merit to that notion, were not large investors yet, but why not just walk away with a sale and nice commission check then watch us fall on our face from a distance if this is how the broker feels?  

Taken from http://www.irs.gov/uac/Form-1099-MISC,-Miscellaneo...Form 1099-MISC, Miscellaneous IncomeFile this form for each person to whom you have paid during the year: at least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest;at least $600 in rents, services (including parts and materials), prizes and awards, other income payments, medical and health care payments, crop insurance proceeds, cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish, or, generally, the cash paid from a notional principal contract to an individual, partnership, or estate;any fishing boat proceeds, gross proceeds of $600, or more paid to an attorney during the year, orwithheld any federal income tax under the backup withholding rules regardless of the amount of the payment.Also, use this form to report that you made direct sales of at least $5,000 of consumer products to a buyer for resale anywhere other than a permanent retail establishment.

Ideally, I'd like to pick up the property and let the tennents stay on...but the numbers have to work.Property is a 3/2 SFR, well maintained, approx value $100k.Current rent is $850, comp rents are $950 in the neighborhood.Owner has no mortgage on the property and notionally wants $98k.May be some flexibility on the price/rent and the tennents are open to a lease option...but I think the owner wants to get cash in hand and be free of landlord headaches. 

I would also disagree with the notion that there are no good Wholesalers in Michigan.  

The notion that she would have been better off just watching daytime TV and eating Bon Bons is infuriating.

My notion may sound somewhat ridiculous but......now that cities and states have experienced the Covid eviction ban I wouldn't be shocked if a year or two down the road when unemployment goes up in economically challenged tenant-friendly cities/states that they try and drop another eviction ban due to high unemployment.

Recently, I have struggled with this notion. 

Combine that with a second notion which I believe is the growing gravitational force of business and the corresponding talent that comes with those businesses.

The wholesaler typically will only work with cash buyers.I may be misinformed, but I always had the notion that lenders typically will refinance a loan after a seasoning period of 6-12 months.