If the loan amount you are looking for is small relative to the value of the first and the second property combined, they are very well secured on a LTV%; ask for a 1% point lower rate.If you don't want to Cross Collateralize, do you have any CD's or MM you can transfer to this bank as collateral. 

I'm in the market for entity config and tax planning/prep.

So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold  you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also. 

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

If so, there are no transfer taxes due. 

Is $107k your true net, or do you have any other expenses (mortgage, taxes, lodging taxes and fees, insurance, utilities, landscaping, WiFi, etc.)?

CA has property tax rate that is a little lower than the median.

I'm looking for referrals for a custodian, tax attorney, and a CPA to set one up and advise me.

 - prop 13 basically fixes the property tax.  

Typically lenders will use the total rent being collect or the market rent given on your appraisal, which ever is lower.