If you already have a high interest rate, consider a cash-out refinance with a fixed rate rather than a HELOC.A third option could be to sell.

@Tobi Isaacs  Third Federal Savings and Loan.

If they’re late a third time, you have a strong case for eviction for habitual non-payment—without risking the tenant showing up at the 11th hour with the money.For your specific circumstances, with only a partial month behind, I would guess there is a decent chance they can come even on rent and it would be a waste of your time.

A little background about me, I have just over 200 doors in my current portfolio and our company manages just over 250 doors for third party investors in addition to those. 

Quote from @Patrick Roberts: Echoing what Chris said - use a third party servicer.

Previously I had one property and one bank account but now I have three- one just finished a rehab and the third the rehab is underway.Two use a PM but the third is rent by the room an a PM won’t take it.So- now I need to organize my expenses and have looked at avail, rentredi, apartments.com, Rentastic and baselane.

One thing you might think of doing is having and promoting your own website to avoid the exhorbitant fees charged by the third party sites such as Expedia, Booking.com and Air BnB.  

Its typically triggered by a third party, so until someone wants to complain, there is no ADA compliance police wandering around giving citations.

Due to 21 and 22s boom in MTR/STRs in Eado/Third Ward, this was flashing all types of crashing signs and you dove head in first. 

We use a third party servicer to do all of this - much easier and when starting just tracked payments in wuickbooks as servicer tracked everything else