The leases are total about $1800 below market and I would be losing roughly $650 a month until the leases expire. 

So 50% of all agents make less than that.Like any small business start up, if you are planning on being successful, plan on losing money the first 2 years full time in the business. 

Sellers right not do not want to wait and will stick to the contract dates and if you cannot close in time your going to lose not only the house but your earnest money as well.

This was not a FSBO and our realtor even reminded the buyer's realtor in writing that their client would lose the earnest money before they formally cancelled.

And what were your loses?

They have more to lose if they mess something up. 

Mexico lost 300k acre feet, AZ lost 80k but are on deck for another 100k, Nevada lost 20k with another 4k on deck when California loses its first 200k.

I don't care about what the eviction costs and I don't lose one minute of sleep.

That what wholesalers doSome might be losing their home and might end up in a better situation, so knock their doorsBe ready on how to talk to them, and if they listen, give your price, if they take it they take it if they dont, move on to next one.You dont have to offer dirt cheap, but you can make an offer where you can make money.

Honesty in this regard up front will lose 90% of the sellers..