I'm pretty sure a judge would side with that position.You can legally hold him to the contract, but, since there's no need to pick a fight, use this method as a compromise so that he gets out of the lease, and you don't carry financial damages.

Worrying about things that I cannot control, such as a market correction or decline would significantly compromise my ability to grow the portfolio. 

It sounds like you want a process that is both Simple and Cheap, and I think you're going to have to compromise on one or the other. 

Don't give in, don't compromise.....

Don't compromise your rents of course, or else the other tenant will hear about it, and decide to not pay.I don't know your property, if I knew, I could easily adjust how much rent you'll get.

Learned to scale back my expectations in a lot of areas and compromise where needed to get project to the finish line.

How should have it been done, well, if you contracted to perform, and repeatedly failed that performance, you compromise your position, if not surrender it all together.

I proposed the plan to him 3 weeks prior and made some compromises in order for everyone to remain happy.

The trust funds were "compromised" according to Keeyana Garrett.

We compromised in the middle.