It's not my responsibility if my tenants (who might live paycheck to paycheck, work in underpaid service industry jobs, unable to afford healthcare and thus saddled with debt, perhaps responsible for intergeneration dependents, etc. etc.) have failed to do the same.""

After you hand over the check everyone will be happy they got paid while you are saddled with an investment that drains you financially.

However, I feel it behooves us to make sure our membership and families aren't saddled with a giant "what do we do now" should anything happen down the road.

It's best to do the hard thing now so you are't saddled with a worse situation later. 

Not sure what that achieves unless you are desperate to get out of the saddle, and even if so there seem to be better ways (e.g., keep the property as a rental and get a good PM).

I am sure the horses appreciate we don't ride on their belly and it's also bike riding and not bike saddle riding.

However, I am now saddled with 175k in student loans.

Here are some examples inside RRCC for real world reference (pics on Zillow): 3332 Saddle Soap currently rented for $3,500 but given current market conditions it could fetch $4,000/mo. 

Many individuals who were furloughed are going into their 401(k)s to cover expenses, and millennials who are saddled with student and consumer debt, and who were already suffering a form of PTSD from 2008, will likely only become more cautious.

It avoids saddling either of your with all the risk of the deal in the future.It does also eliminate the possibility of any future profits, either from the rental income or from the eventual sale.