Hi Gavin,This is fairly common, and it’s great that you’re thinking ahead about how to handle utilities responsibly.

:thanks @James Mc ReeWould like to hear from any others or @PPR about this too Hi Scott, I posted a fairly lengthy overview on the different kinds of funds and structures on the thread linked below. 

Now, some of these answers will depend on what state that property is in, how much equity you have, and a couple of other factors...but you can certainly seek out other lenders about a Line of Credit on an investment property.  

There are lenders out there that will lend up to 50% of the AV with no minimum credit score requirements. 

Supercharger system is far and away best system out there.. there is no POS charge system its on your credit card and automatically billed.. my first 3 Teslas were grandfathered in and I NEVER paid to charge however all the early buyers still get the free charging.

If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.

They assist investors in preparing necessary documentation, such as detailed project proposals, financial statements, and credit histories, which are crucial for persuading lenders.

Next we utilize mysmartmove.com for background/credit report.

I decided to purchase property in Pennsylvania where properties are more affordable in certain parts, demand is relatively good (less vacancy), healthy cash flow, and tenant laws are more favorable to the owner side in case your tenant stops paying their fair share. 

If the security deposit is not going to cover the the water bill or damages, try to scare him into covering the balance by hinting at sending him to collections and it will appear on any future credit pulls he may have done.