Advice Needed

[Sarah Larbi]

Hi BP members I am hoping to get some advice with one of my tenants. We bought our third rental property in November and tenants moved in signed a 2 year lease. The tenants had been friends for many years but never lived together before which was a red flag for us but picked them either way. Now 2 months later, February rent is late and I was on them daily to get it paid and as they were new was giving them one chance. After a bunch of excuses the truth comes out: she moved out and took the rent money he gave her to pay me. I spoke to him and I will be getting paid this week when he gets his next check. Here is where I need advice: he told me he changed the locks so she can't get in. What is my obligation with this when it comes to her? Should I allow this? What do I do with the lease agreement? If I want to remove her from it how do I legally void the original agreement with both of them on it? Then can I redo one with him on it only? Does she need to sign an addendum saying she is removed from the lease? I'd rather not have her on it and keep just him I am wondering what the best way to do this would be? Thanks for your help in advance !