Please advise.Thank U  Waiving late fees in circumstances that you feel may merit it doesn't mean you are a charity. 

I think your business model has a lot of merit and potential. 

,To play devils advocate I am pretty sure you can find somewhere on the internet that for FREE will advise pouring Apple Cider Vinegar on their eyes to cure some ailment.If Web MD publishes that and not some quack head, I would probably believe that it has some merit.

@Matthew Greco I think it would really depend on the merits of the deal in question as well as your long term goals.  

This is a discussion about the merits of Rich Dad and the philosophy behind it.  

While it looks like you are already doing reasonably well in this area compared to most who live in the region, a move to a place that does not depend so heavily on auto transportation might be merited.

Here in Florida it isn't common for the tenant to do the final walk-thru but I can see merit to doing so as it clearly identifies all the damages, whether the tenant was responsible for them or not it's about documenting them while they are there.

I would say all deals are measured on individual merit.

If your offer doesn't have a financing contingency in order to look more competitive in a hot market you want to know how much you can get in financing and how quickly or have cash or access to cash in case you don't qualify.If you have a bank or mortgage broker already they can give you a pre-qualification letter that gives more merit to your offer.If this is an off market deal and the seller knows you will need to get financing to close you can go for financing after the offer but it is a good idea to figure out how much you can get pre-approved for anyway.

Here are the reasons I still think it may have merit, and may just be on the back burner until I have a couple stable cash flow properties, at which I can reassess (great point on this, by the way, Avi!).