Hi Richard, Utilize online resources to gather data and insights about the NC rental market.

I typically allow my tenants to rescind the 30-day notice as long as they are up with their payments and are not violating any rules. 

They have higher rates and typically have prepayment penalties, however they require much less documentation. 

HI BP,I've been thinking about what to ask from tenants in case of issues...besides a copy of their gov't ID (Drivers or passport), credit report stating full name, address and birthday, what else do you all typically ask for? 

Or if this could be typical and it’s better to correct this behavior earlier than later.Are there other thoughts or advice for this particular situation?

They typically have a "designer" or "consultant" for free that can give advice (or research in your case) specific items.

AlabamaEffective Property Tax Rate (2019): 0.37%4Typical Home Value (2022): $189,9766Annual Taxes on Home Priced at State Typical Value: $702.9The current metro area population of Montgomery in 2023 is 374,000, a 1.91% increase from 2022.

Lockup is typically one year though if invest larger amounts these can be negotiated. 

Each resident pays 30% of their income for rent and utilities, meaning if they have no income, they pay nothing."

Once you turn a shovel with ingress/egress/utilities etc you have created new lots.