Don't let your location dictate your real estate investment strategy! 

Then, does the complex want an overall complementary industry approach, say finance with a CPAs, stock brokers, insurance agents, etc, the market may dictate the tenant.

For example, we offset someones low credit score that would normally kill a deal by getting a larger down payment, and showing available cash reserves.Most importantly though, commercial property values are dictated by the income they produce not "comps".

If by "option" you mean "strategy", there is no one answer since the answer is specific to the property, that property's market, and the specific financial criteria dictated by the current timeline in your REI plan. 

If an area or state or even the US population continues to grow, well people need places to live and vacation, so to the extent that there is good demographics in an area and the sustainability of the income of the area, this will help dictate values and growth, or stability or decline.

The note will dictate how funds are applied.

Clear tax differences and each person's situations will dictate or will make more sense to do one over the other.NV shows all member/manager information, like CA but DE does not show any info unless you request official copies of filed docs (which anyone can do for a fee in any state). 

So if you cannot do a workout with the lender and need to take the property, your approach to that may be dictated by the presence of junior liens, which can include 2nd DOT as well as judgments, etc.When you bid on a note from FCI, the collateral files are shared with you so that you can complete due diligence before moving forward with the purchase.

In such a case your landlord can dictate that you be out by the end of the month, with (in my state, 20 days) appropriate notice.

The circumstances of the deal (seller motivation and equity, primarily) will dictate how much profit is there for you to negotiate for yourself.