You let it slide, waive the late fee, and she pays by the 10th.

Each former member is then free to either do a 1031 on their % interest or take the cash and pay the tax.The opposite manuever was more common until around 15 years ago. 

It’s especially useful for prospecting foreclosures or expired listings.TruePeopleSearch (Free): If you’re working on a budget, this is a surprisingly helpful resource for quick lookups.That said, any platform can work if you use it consistently—it’s all about staying persistent.

It is always better to have the tenant paying for the utilities as they are the ones using them. 

When you draw from the equity, you are "borrowing" it from the bank and have to pay interest.If you borrow against the equity at 7% interest and then loan it out at 15% interest, you are earning a positive 8%. 

Feel free to take or leave my advice, but I think others will agree that, for now, you should focus on maximizing your savings rate, building your credit, paying off any owed debt, and house hack your first deal—just my two cents.

What have you been paying for utilities?

Less RiskWith traditional rentals, if your one tenant fails to pay, you’re in trouble.

I know I could put furniture on 0% interest credit cards, but I would need 2+ years to pay it off and I don't want to have to jump through hoops to cycle a balance onto new cards. 

Or you could pay cash now and refi later.