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Paying your power bill is a good idea as it allows you to earn lots of money even while offline. Don't pay the bill for too long, though, as it will end up being a waste - pay for too short a time, however, and your houses will go dark and not be able to earn you any money.
When starting the game with limited resources, it is a good idea to place single brown houses on as many spaces as possible. Brown houses give you the best return for money spent available in Monopoly Millionaires.