The notice timeframe depends on how long each tenant has lived there, if less than 1 year, it is 30 days abdvths is assuming the lease is currently month to month, otherwise you need to wait until the current lease term is up.As for the amount to raise it, you are running a business here, not a charity, if thevunits support $50, raise it $50.

Remember, this is a business not a charity.

Make sure the LLC units are non-voting and non-controlling and gift those shares to a charity.

Sounds harsh, but its training your tenants that you are not running a charity. 

@Christopher Bryan  My point about running a rental business is that we are aware of Fair Housing Laws, were not a coffee shop.Also your personal profile lists nothing about you so are you a rental owner or just someone that runs a charity.

If you are interested in running a charity instead of a business then I say to go for it.

This is a business not a charity, let mom and pop rent to high risk applicants.Look at selecting tenants like buying appliances.

You're not running a charity.

My BS Meter blasts off when I hear some unqualified type say they are trying to help others in home ownership, total  BS, they aren't running a charity operation, their goal is to profit.

I find that Real Estate is a "people business" but it's not a charity.