You’ll occasionally spot For Sale By Owner signs on lawns.

I think I may have read it - but honestly somewhat of a blur because I've read so many different blogs/articles on the various classes of property to help me not only gauge where it is, but also in setting expectations. 

If the tenant has an OCCASIONAL and very TEMPORARY situation that causes them to be late on rent I will almost always waive the fee. 

Occasionally, I see both of these people.

While it’s possible to evict delinquent tenants, the process is costly, stressful, and time-consuming.Of course, the occasional problem tenant is normal.

Occasionally, you will find a homerun in your search and that's icing on the cake. 

But this includes flooring, painting walls and cabinets, and some basic upgrades occasionally even new appliances.

Occasionally one does a good enough job that the wholesaler makes a nice payday (for him) and you get a good deal.

Occasionally there are some that don't ask 1000 questions and are pretty self sufficient, just trying to maximize their time and network, so those may get some consideration. 

Point is, yes, this strategy works and MY place works well for business travelers (individuals) and the occasional medical professional (who--no offense--ALWAYS asks for a discount :).