Take the initial investment out then keep the machine going.I know it seems like alot but it's really not that hard to accomplish.  

If you have a couple homes with super strong LTVs then refi it with a private lender.

If no, then you ask, how far away is the waterline?

But if you are getting anxious just reading a book, then being a landlord is not your cup of tea. 

If you want relaiable access to them as soon as  they are filed then you must get them (or more cheaply the information within them) from county recorder databases.Propstream provides access to 20% of these preforeclosure documents and they are only made available 2weeks after the county publishes them.

But then, something incredible happened—his business started thriving.With fewer daily distractions, Michael had time to find new investment deals, build relationships with private lenders, and even take a vacation.His portfolio doubled in size within two years.And for the first time in a decade, he wasn’t stressed.The Lesson: Let Go to GrowMichael realized the secret of successful investors: You don’t build wealth by working harder—you build wealth by working smarter.By letting go, he gained more than just free time—he gained a scalable, sustainable business that could grow without burning him out.Are You Like Michael?

He is by far my most successful protege, but my second most successful is doing quite well and then I have a few who are making process to doing well. 

Wait until it's close to the end of his lease (know what the law requires) and then give him notice that you will not renew.

I don't want to make concessions/value reductions based on hypothetical work that they could then vote against. 

Live there 2 years, then buy another.