While a deposit is almost always preferable, you should make a common sense business decision based on the circumstances and condition of the property, in my opinion.

If all the above checks out, I'm not sure if I would ask for 1.5-2x Deposit, I would think this is more of a gut feel decision at reviewing all the documentation.Hope this helps.

And I'm sorry guys but poorly training your tenant is a fixable issue.

How might this decision impact the overall investment strategy and long-term profitability?

I generally tell clients to expense anything under $2,500 unless there are other factors at play that may change that decision. 

This new dynamic makes it crucial for CFOs and decision-makers to strategically navigate leases, using data-driven insights to secure favorable terms in a still-challenging market.As remote work continues to influence demand, the office market's recovery will depend on how companies adapt their real estate strategies.

I would strongly urge you if you have time to read or listen to Real Estate by the Numbers by Dave Meyer & J Scott because they do a great job of explaining the various numbers and metrics used to make decisions in real estate, it has helped me reframe financial and real estate decisions because I understand the concepts and feel more empowered because of that understanding.The two factors in your decision here are financial and (maybe more importantly) emotional.

It's not a mind-boggling salary, but it's enough, and the economical decision would be to move into a LCOL area and thrive.

@Wendy Man  I went with MN Property Nerds, but it was the worst decision of my real estate career so far.

Frustratingly, those projections are released at the exact same moment as the Fed's rate decision and there's every chance that September's installment will cause some volatility in the bond market.For instance, if the Fed's projections are surprisingly friendly, mortgage rates could fall sharply on Fed Day and many uninformed onlookers will falsely conclude that the Fed rate cut was the thing that did the trick.One caveat to all of the above is that these conclusions are only as good as the market's understanding of the Fed's probable course of action.