But given you experience with getting anything from this group, I would not hold my breath that you will even see a response, even if financial statements are required to be provided.So, then you next step is a lawsuit to force reporting.  

Keep in mind that many responsible agents tend to be conservative with their valuations, especially in today’s market, where properties aren’t moving as quickly as they once did.If we’re in a conservative market, pricing on the lower end may make sense, but it’s always good to weigh your options carefully.

I told him he can break the lease, but according to his contract until I find a tenant - he will be responsible to pay the lease. 

Thanks so much for your quick response! 

I have used LLCs individually for the properties that I've owned and I'm glad I did. 

You will have two separate K-1s as you are each individual owners.  

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

This property is unique in that we can rent out the whole property or we can rent out the property by individual rooms because each room has its own bathroom and it runs as a bed and breakfast.

Thank you for your responses, @Douglas Skipworth and @Mark Ainley. 

It is not your responsibility to house this person's items indefinitely in your rental.