Try to remember what disrupted your world so much that you had to do this too.In my case the Rich dad, poor dad was the sign, over 19 years ago.

Lots of agents have leads with sellers that are happy to sell without using the MLS, which usually means lots of showings, walkthroughs, tenant disruption, etc.

The ability to make excuses based on the disruption of COVID19 is not ending any time soon, so if you can get him out without waiting for eviction courts and rent to a tenant that needs it, that is a better long-term plan.For the next time - late penalty, strictly define and enforce lateness - and if you think you aren't going to be able to pull that off in a disciplined and emotionless way, then get a good PM to do it for you.

I totally get disrupting tenants and wanting a contract in place first to weed out the lookers.

@Joshua RobinsonIf i had an option I would pay cash for that fact of having the ability close quick and potential for a deep discount..Especially for a value add where you need to pour in more cash to stabilize and eventually refinance at its full potential..But if you referring to just cash and no plans on debt then it could be just the comfort zone of the individual.. they may not like debt and don't care too much on ROI but just simply a stable asset..Debt is cheap these days so its always a consideration for most investors I hope NFL season happens this year with no disruptions

Are there other options that are worth considering that would be less disruptive to our tenants, and/or lower cost?    

I also attend Matthew Gullo's meeting at times and the Disrupt Equity one too.

This often works and it's win-win as moving is disruptive and expensive for the tenant. 

And Biden may be after this objective, in creating places to base computer-tech in sues for the U.S. economy, as well as in cyber-warfare, so based, in ways, which Russia, & China can not easily disrupt.

This disruption is different because it is effectively accelerating trends that would have taken years to play out.