The alley is not a place to leave your unwanted furnishings.

It seems unpleasant.

The downside of not replacing it is air conditioning systems fail when it's hot out, when they are needed the most and when it's most unpleasant for the renter to go without air conditioning. 

You just have to locate them.I have bought an unwanted house for as low as $4,000 and have had 2 given to me.

Now, that might be moot as they can always dissolve the entity and distribute the property in the year they inherit this, but it will be imperative for the beneficiaries to understand THEY NEED TO DO SOMETHING, or else you’re simply giving them the same problem if they do nothing.To reinforce @Jason Watson’s comment: corporations are downright unpleasant for appreciating long-term assets.  

This protects me from unwanted vacancies but gives the tenants a fairly low-cost option to get out of a lease.

It makes for a a very unpleasant stay and very unhappy customer.

Also, consistent tenant guidelines can help you make decisions, so you are both fair and preventing unwanted tenants reside in your properties.Balancing Privacy & Profit: I think this is a personal preference and depends on everyone's individual circumstances. 

We have cleaned out those tenants, and have security cameras, and access control pads to the courtyard to deter unwanted elements from coming by.

I have a hard no PITA rule - if you are unpleasant to deal with, you are gone.