As long as you give the proper notice to the tenants, you should be fine. 

I also notice a lot of people from Chicago moving into the area (myself included) due to the movement towards remote work, although this is anecdotal evidence.

PM only put a 3 day notice on their door a few days ago, and continues to just ask them to pay rent and let them make excuses. 

Give them notice of rent increase.

Legally, in Alabama how long after missed payment can I do a pay or quit notice? 

The Sponsor needing 5 mil for project in addition to the common equity raise, will be in a preferred equity position ahead of common equity and of course behind the Lender with apparently no legal recourse to foreclose property.

A good thing is If they don’t pay you just send a late notice to both them and their case worker.

The Premises and all common areas are fit for the use intended by Tenant;2.

I recently placed in a class a unit (almost $2k/ft value) because it is beach unit and expect higher water contact (normally class a gets real wood).Carpet in common areas in short run is cheap but long run will cost more than concrete stain or LVF.  

Have you noticed any particular design elements or color schemes that have been especially popular with renters lately?