One of 3 tenants lost job - options?

[Ryan King]

I'm renting out the other side of my duplex and there are 3 people on the lease. One of them just called and said he can't afford rent due to job loss and will be moving out. He said he's looking for a sub-lease already. What are my options (I'm a total noob!)? I'm guessing I should tell him (and the other 2) that I'm still expecting full rent so either they can figure out between the 3 of them how to pay it from now on or allow him to find a sub-leaser who will sign a lease with me and pay his portion of the rent each month. Right?

Or should I make it easier and just accept 2/3 rent and not risk getting into a weird situation with a random 3rd person causing issues with the other 2?

Thanks for any help!