It was the epitome of that never ending personal dilemma that seem to imply no escape because of mutually conflicting/dependent circumstances.

In many states there is an implied covenant of good faith and fair dealing in all contracts.

@Michele Redd If you're wholesaling something, it implies that you have created value by negotiating the deal for less than it's worth and youre going to share that value with the Buyer, presumably.

Unless your lease specifically says otherwise, it is implied that the entirely of the parcel is leased along with the home.

This is a hypothetical scenerio but one I can see happening so I would like to have a plan in place in case it does happen.The question is many here suggested "I want to work something out with my good tenants" this implies something could be worked out with only good tenants and not so much for bad tenants (assuming some of us have tenants we may not want to keep)? 

You are implying that you predicted a market correction, but the market correction here is not the result of cumulative factors.

I just don't like the tone of the conversation, which implies that I'd better figure out a way to get this done, or else.  

It's implied that you're going to get a much higher quality work product going the latter route (generally speaking).  

We've had expensive plantation blinds used as a chew toy, lawns ruined, doors replaced due to excessive scratching, and cat odor can get out of hand - some of these were found during routine inspections (and a few could have been prevented with more frequent inspections).We don't do pet deposits (deposit implies refundable) - we do nonrefundable pet fees and pet rent. 

This implies that most of our RE investments are returning infinite return on investment.We raise the rent over time.