Your have rational logical reasons to believe the area and property will prosper over the next 5 to 10 years. 4.

The ration of cash value to premium is very high.

I started by learning how to analyze, then practiced analysis until I disciplined myself to lose the emotional rationalization and label a "dog" as a "dog". 

My application criteria is as follows:- 620 credit score- 2.5-3X gross income to rent ration- no criminal background.If they meet all of that, and the references/information checks out...they are automatically accepted and I present them with a lease.If they do not meet 1 or more of the above, I work with them to get additional documentation and references if they are still interested. 

When someone wants more land, they can’t be be rational about it I guess.

And when anything is underfunded, it dies.In a rational world, an appraisal would be ordered before a buyer made an offer, paid for by the buyer.

They are rationing the N95 masks to one a day per person.

Not at all, you are acting in an economically rational way and it sounds like you are being a responsible property owner.

This is a small multi-family dwelling in a B/C neighborhood; it is not student housing.At the risk of sounding like I am rationalizing because of the above, I had a young couple (both aged 20) that came and looked at the apartment today. 

Any unbiased and rational individual with a better than below average iq can see through it.