(A substantial drop in national savings rates from 4.4% to 0.9% raises alarms about future consumer spending capacity, especially as recession looms and job losses become prevalent.)

Doing things correctly on your own is difficult in your situation.

Just explain the situation using facts dude.

If you haven't hired an attorney I might consider doing so as this situation sounds like it could get ugly. 

However when my friends moved out and I started renting to strangers, I found the high turnover rate and overall living situation to be much more challenging.

Largely depends on the full situation and value, but feel free to reach out if it would be helpful to look at some options. 

What are some ideas should i explore so that I can minimize the financial loss in this situation especially given I cannot refinance even if the rates were 0% as my property value won't appraise.

If you explain the situation, perhaps he can give you some grace on getting it done in a more reasonable time.  

It's good to hear from someone who has been in a very similar situation.

I'm in your same situation and also prior service.