If they don't pay issue a 10 day pay or quit notice and then if they don't pay within 10 days start the eviction.

Quote from @Marc Shin: First, you should let us know what state/city you live in because the rules sometimes change, and we can't give you solid advice without knowing where this investment is.Generally, you can give them a 30-day notice.

The challenge you'll face is that, even though this is fundamentally real estate, you're moving from the SFH retail world to evaluating institutional assets within asset classes that are likely less familiar.The first thing you'll notice is that the sponsors (who are the Trustees of the trust and could also be thought of as the general partner of the deal) will issue a PPM (private placement memorandum) that is a 300-500 page document.

@David GeorgesonYour PM is not responsible for this and I can pretty much guarantee you their agreement will state this.Unfortunately you as the homeowner are at the end responsible and I would notify your insurance company to put them on notice to file a claim depending on the damage.

I received a notice from my rental property insurance carrier that they will not renew my insurance policy covering my rental unit.

We served the tenant 90 day notice as she was throwing massive parties in the home with complaints from neighbors, etc.

The next line item down under terms states: "Any notice to terminate this tenancy must comply with the applicable legislation of the Commonwealth of Pennsylvania (the "Act").

Some households receive multiple filings, and not all filings result in evictions.That ranks Phoenix ahead of other big Sunbelt cities that in recent years have also seen an elevated number of eviction notices, including Houston and Las Vegas.

Marketing, professional photos, and dialing in the rental amount are crucial, and we've noticed nicer units at better prices being leased out much faster (well yeah, duh...). 

The documentation they provide with your tax notice will clearly show how they have changed their valuation.