1. Tenants can't pay 3 months deposit.
2. Tenants pay 10% extra rental.
3. Tenants reduced savings because pay extra rental.
4. Reduced savings, tenants can't pay 3 months deposit.

Hmm, seems like a vicious cycle in the making. Kesian all the tenants. This arrangement like only benefit owners and Speedrent.

The majority of the people are lazy and ignorant of the law. Still, by getting a 2.5months deposit and a good contract, the likelihood that he will damage your property is not high.
No such thing as hard to justify. If the bed frame is broken, it definitely will minus from the deposit. You check everything before signing the contract. Inside the contract have listed down the prices and everything.

Not worth your time and effort then that's your problem, not my problem what. I am telling you the better way of claiming damages from your tenant for extreme cases. If you lazy what to do? It's still better than the CEO giving you all sorts of figures but in fact, never supported by any evidence right?

If you look at Wild card case, he had wasted months on the CEO and finally only received the money for damage control.  Somemore have to wait for the adjuster to come and in the meantime, you cannot rent out your house.