You would have to go after the one individual for non-payment and you could only remove the other three by going through the legal process like you would for someone on a verbal agreement, which puts you in a he-said, she-said situation. 

Though the buildings are attached, the guest rooms all have individual exterior entrances with no interior connection to the residence. 

Seems like there are a lot of individuals in this boat  -  especially in my sons line of work  - which is lighting and tech for special events and music tours.

Any individual PM (not associated with companies) who can handle 3 doors in Jax and Citrus Spings, fL

For this reason, I teach people to set policies for renting to unrelated individuals.

The Exclusive Right to Represent makes sense for prospective individual homebuyers, but for real estate investors, it seems unfair and limiting.

It is our goal to provide all the tools, resources, education & coaching any individual needs to learn how to build a sustainable investment portfolio to achieve financial independence & generational wealth through real estate investing.It should be noted, that while the Academy is not a requirement to invest with RTR, the individuals that do join the Academy are much more successful long term since they have spent time to clearly develop their own individual investment strategy & plan!

Personally, I airbnb half of my house, individual rooms, and stay nearly 100% booked.

Quote from @Michael Smythe: We're far from perfect, so our 2 cents should be taken lightly.Most of the national companies are setting up franchises and the challenge is with the individual franchisees.

Best neighborhood and best assets are subjective and largely based on the individuals capabilities (balance sheet, skill set, time etc.)