I use Buildium and you can set the late fee amount for each lease so that it is automatically charged on whichever day you need it be post.  

Sign the N12 or 11 whichever one is the mutual agreement to break the lease and be done with this person.

@Randall Kates, on my inherited tenants I raise the rent by the local CPI (or 1.5%, whichever is greater)+ property tax increase.

Or is it just which ever yields a greater deduction?

That is correct, I've done many of these personally.If you have:- #1 debt or a lien on the property currently you can do a regular rate/term refinance instantly or wait till 6 months to cash out based on fair market value or FMV- #2 if you bought the property cash then you can refinance up to 70% of FMV or your total acquisition cost that you paid for the property whichever is less (often times if you got a good deal your total acquisition is less than 70% of FMV). 

Everyone knows that bank-owned properties are like discarded cell phones. 

Pools are permitted.Maximum $75,000 in repairs or 50% of the after repair value, whichever is lowerContractor Approval Contractor must be accepted prior to final approval and be responsible for the entire project.

Same goes with text - most people use their cell phone number in their facebook profile, so when they text you can easily look up who it is you were talking to.

Give them about 10 days to decide and implement whichever option they choose.

I would be managing the rentals and living in whichever city I end up choosing.