Let's think that the owner may only wanted bitcoin and the tennant accepted because he really liked that property and no other.

As the payment is done inside the exchange, the tennant will always must invest 100 USD, do the convertion and make the payment in BTC to the Owner. It is not much a risk for the tennant (unless the rate pesos/usd) but a way of making Bitcoin DCA with your property. In this way you get Bitcoin everymonth. You can keep it in the exchange or withdraw of course.