Newbie Landlord Dealing With Tenant Requesting to Break Lease

[Barrett Lund]

I leased out 4 of my units to a single renter who transformed the units into STRs. I was fully ok with this, as I wanted to be as hands-off as possible. Long story short his business or business model is failing and he is requesting an early termination of the lease. AirBNB has suspended the listing and it may be months before it can be relisted on the site. There is no early termination clause in the lease. The renter is behind around $3000 in rent payments and has over six months remaining on the lease. I'm open to breaking the lease and finding a better renter or renters regardless, I'm even interested in doing the STRs myself. The units were furnished by the renter. If monthly rent is around $4000, what would be a fair negotiation to let him break the lease?