However, I think that if you were to lock in a private-party loan to fund the second property, you could repay the debt service once your mortgage for property number one is issued in a couple of months.I'd be happy to hear your thoughts on the above. 

I should have added the servicer never showed up in court so judged ordered case closed.

Feel free send a PM if you ever want to talk further; our agent business focuses on working with investors for acquisitions, and we also have a full service Property Management company.

Here's some California Fair Housing and Service Animals guidance.Be very careful about where you get your advice, particularly since you live in California.

I have had really bad luck with accounting services and I am looking for an experienced accountant that is familiar with real estate and who also works with legal so I can mesh accounting and asset protection. 

That's the risk you must be willing to take, unless your tenants work for the local schools, hospitals and other service sectors.

And the best part is, in addition to getting paid to learn, I'm providing a service that will help someone who is sick.

The law here is clear that the DNC applies only to those who are selling or promoting a product or service, or soliciting money (donations).

@Jim Cummings oh wow, thanks for your service!

Per Year:(-$13,920)Debt Service Per Year:(-$27,900)Total per Year:(-$9,360)