Typical utility bills (which we include) are $100-300/month.  

@Bill Hampton Thank you!

Make sure to have your bills at different address and having that unit you lived In,  leased out. 

@Damon AlbersSounds like these properties are in a class c area and your manager is not doing a good job vetting themBut this is not out of ordinary for c class rentals which is why people look at cash flow and be like wow but one $5000 bill can wipe out 4-6 months of rental income and properties never make money and rarely appreciateThis is why we do not do lower class rentals as stated cash flow vs reality are typically not close

I have to decide if im going to use a new injection of capital from the sale of my primary residence to:1) Hold in treasury bills at 4.5 percent until I find another property to purchase2) Pay off one of two existing mortgages, one at 3.75 percent and another at 4.5 percent3) Just find something to buy that beats either of those percentages on paper and be done with it4) Possibly loan out some hard money/broker it to a friend to allocateIts never an easy decision, but its a good problem to have.

But man, I starved for years before it paid the bills.

Does this change in accounting to distributions pose any risks to us apart from a deferred tax bill later? 

Quote from @Bill Hampton: @Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.

So, even a small negative like a $50 unpaid cell phone bill that goes to collections when you switch carriers tanks their score.

More so, bills are not necessarily voted by party lines.