Keith, not that Bill G really needs my support, but in his defense, your initial question does read like you are trying to pull a fast one on the bank.  

I'm also in DFW and left the defense industry in 2011 to pursue full time investing.  

Well, I now know who NOT to hire :)In his defense he is correct and you are absolutely able to go over top with another layer of shingles (if SD allows it which I think they do).

Justin Fong When I began in Real Estate, I picked some Properties to cashflow but having a good salary as A Project manager for a Defense Contractor I could afford to buy in areas that appreciated faster and had negative cashflows.Imagine buying a house on Comm Ave in Newton and renting it to cashflow?

Unless you pay no taxes and carry no insurance, you do not have $0 in expenses on your primary.You seem to be getting defensive.  

This coverage will offer defense and claims settlement for alleged or actual injury caused by CO2 emissions from a heating or air conditioning source.You can add a "personal umbrella" to cover your personal liability exposures of your home and auto, if your net worth justifies it, but you should keep any income producing assets separate from your personal liabilities. 

But not getting a bill or notice in CA has never been found to be a defense for not paying property taxes or avoiding a late fee, nor ever used to overturn a sale that I"m aware of.You are correct in that the OP absolutely did not know what he was doing.  

He asked me to write a letter to the registry in his defense.

Did you tell him of your concerns about how much time hes spending on job and that you need to audit the job in order to be comfortable moving forward, or did you put him on the defensive and cause him to believe that you werent going to meet YOUR obligations.Dont take this as an accusation...

In Hubzu's Defense one thing they do have going for them is you, the buyer, sees other buyer's bids.