Of course you always need to manage them and never fully go hands, while at the same time still developing your systems and processes to help mitigate any risks that arise with this type of relationship. 

I am wondering about my options on how to move tenant out / break lease.

Or, you can always creatively resolve and mitigate risk by aligning yourself with various supporting businesses and having lots of capital to throw at certain issues that will arise.Just an FYI, although I was/am unfamiliar with the technical term "Master Lease", I've been doing this for 4 years here in Chicago, I have 2 homes that I own (mortgaged) and a 3rd apartment I "control" via a Sub/Sub-lease set up.

We have been in similar situations in the past and we mitigated the issue by offering to return the entire security deposit, no questions asked if they moved by a certain day.

Then raise up the carpet and use turbo fans and dehumidifiers to mitigate the damage.

Any thing less is a cash loss and the landlord that prolongs his loss trying to mitigate his loss by some cheaper way loses more money and has only got himself to blame.

It will be a lot cheaper to install, though it is the most expensive way to heat a home, short of burning $100 bills in the fireplace.I have electric baseboard in the home I just purchased, so to mitigate the costs, we purchased (not leased) solar panels. 

@Andrew Kerr Great post that covers everything from reserves to risk mitigation.

My advice would be to look at the area critically and make sure you've done the full mitigation that needs to be done, including filling open cracks, leveling floors if possible, so it looks completed to a buyer.

The subsidy helps mitigate some of the risk.Unless you're very involved or doing the management yourself, I'd probably look for an area with more population.