I haven't read everyone's responses, so I'm surely jumping on the bandwagon.You have a responsibility to make a "good faith effort" to find a replacement renter and reduce the financial impact to your original tenant.

Distributions/contributions only impact basis. 

Taking the limited route of using just one strategy means you would be missing out on at least 90% of your potential deals, and in the end you would start forcing your strategy onto properties that you have no business doing...then rationalizing that you did a good thing.One trick ponies lose more than they could ever gain.

(Very impacted by COVID on the brink of going under as he works 80 hours a week and barely takes home anything) We rent an apartment for 2,000 a month and have to intentions on buying a house on Long Island since everything is over valued at the moment and it would be just putting us in a pit. 

I’ve used mostly commercial loans on my LTR so they do not impact my DTI.  

Planes passing tangential to the property won’t have as much of an impact on the value.

I would talk to him (if you're comfortable) and let him know the behavior is unacceptable, that you are concerned he may end up in jail and unable to pay rent or stay, and it would be in everyone's best interest for him to leave now rather than be forced out.

I think covid had a big impact on this.

The thing is, the sale of these houses would have the same impact.

This will also impact the Appraisal the Buyer obtains as well as far as value goes and coming back "subject to" versus "as is".