@Joe Villeneuve You make an incredible point, I am not intending to borrow from the already owned property, but I see your point in that there's going to be a greater period to recoup if that's ever possible.

The tax benefits from a cost segregation study can be incredible and really helps investors build out their portfolio more quickly if they have a good strategy in place.

The idea that you can carry student-loan debt while investing in something that produces a positive overall return is not wise.

I'm just here to say @Drew C Grossman that was an incredibly well written post.

The property is producing better-than-expected cash returns.

Before you look at buying, you need to figure out what your current property will produce.

Quality of the asset or the income it produces? 

That's $294,000 invested, plus six years of work and stress before they become profitable.I think it may be wiser to unload at a loss, wait for the market to bottom out, then try again with a property that produces positive income from the beginning.

You can also use this time to analyze your current properties and see if any of them are stinkers that you would be better off selling and reinvesting in a better-producing property.

VA’s are such an incredible group to work with!