THE TENANT IS LATE IN THEIR RENT AND I CAN'T MAKE MY MORTGAGE PAYMENT, WHAT DO I DO? - We advise all our owners to not only keep their mortgage payments paid one month in advance, but also to keep enough repair money set aside for new water heaters or air conditioning units. If you don't, you'll end up in a situation where the tenant doesn't pay and your credit is going to get damaged. Short term solutions are to borrow the money. Get an advance on your credit card. The interest you pay is cheaper than the damage that will be done to your credit.

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