Let me add the option of a Dutch auction for the prize place.

As a competitive real estate investor for over 15 years, I've come to learn that most of my competition will quit at a certain point and as long as my team and I are willing to go beyond where they stopped we will win. 

I'd see this as a win-win as every 10 years you could 1031 into another property (not going to say bigger and better because it may be tough parting with a performing property) and keep growing your personal bank. 

BTW, the EPLS is an administrative action, not a judicial action, (not saying you won't end up in court either), while you will be notified of a hearing I have never heard of any average Joe winning, a few big fish, but we don't have those here regardless of the boasting, if HUD nails you, save yourself some time and money and start filling out job applications.

If ABC creates win wins like that - more power to them. 

If there is such an award, they would win it all by themselves.

Slow and steady wins the race.

As well, even if it goes to court there's no certainty that you will win, what amount you might get back, etc. even though your case is clearly strong.  

As a wholesaler this market is great because the ones that do put in the work and find great deals they sell super fast and word gets around pretty fast which wholesalers have the quality properties and know exactly how to structure the deal to make it a win/win for all parties involved.

If he's been a good tenant and this seems to be a temporary set-back for him, but if you feel that the weekly payment into your account will work, then it'd be a win-win for everyone.