All these strategies depend greatly on location, layout and your personal comfort level.   

While I would love to pay less, based on my discussion with them and what they provide, I was comfortable with that.

Find one you are comfortable with and pull the trigger.

If you don't feel comfortable, hire them to handle it for you.I would post notice and start the eviction process.

Get out of your comfort zone.

It was NOT a fast process to make the decision and be comfortable.

However, our current situation is a bit unique and has a human aspect we can't overlook.The potential tenants in question are in immediate need of housing, and we have the opportunity to provide them with a safe and comfortable place to live.

Then I would identify what type of real estate you want to go into, and that you feel comfortable with.

maybe you're losing a few hundred in cash every month, but i'd be willing to bet the appreciation, debt paydown, and tax benefits combined are seriously outweighing that. you could look at this like putting the negative cashflow every month into an invisible savings account for the future, like a retirement account. this obviously only works if you can comfortably lose that cash every month. you could also consider not renewing the lease and doing STR or MTR in that property?

I think anyone who's comfortable self-insuring should go for it.