University Lease Advance payment

[Nicholas Delgado]

Hello BP Landlord Community/ Legal Team,

I have a housekeeping question for y'all. I do university rentals to athletes at a school that I have a few connections to. Anyways, it came time for yearly rent increases (3%) and one of the families, who occupies the master bedroom at a higher rate than the other two renters wants to pay in advance the entire next years rent if he can keep his payment amount the same. Obviously, I would like to accommodate that request.

But my question is, what is the most judicial/legally sound way to make it happen?... They are currently all signed on different leases, but the entire monthly lease amount is shown on each lease ($1300). I have it that way to create some type of accountability between the roommates to deter vacancies. So, if I allow him to stay at his current allocation, then the whole increase (40$ overall) burden is put onto the other two roommates, and essentially everyone will be at the same rate, even though one gets the master. This doesn't sit well with me and likely wouldn't with most people, understandably.

If I rewrite the leases to show each persons portion specifically, then deposit collection/dispersion becomes inefficient and will have to be addressed yearly with turnover, also vacancy losses come back into play (because they are not all signed under leases showing one total amount).

Does anyone have any experience with a situation like this, or have a creative alternative that i have not yet thought through yet. Or perhaps am I completely overthinking it and there is a simple solution? State is Alabama if it matters, landlord friendly state.

Thanks BP,

Nick