Welcome to BP David.Yes, you can get a second if you can find a lender willing, you can deduct the interest depending on your basis, but not amounts in excess, see your tax advisor or, here, see ours....

Let this same tenant done the same with one of the larger multifamily establishments that has over 100 tenants.

Looking to establish relationships with full-time active investors in Raleigh who can share some local knowledge of the rehabbing business.

You need established criteria that don't change from the first to last applicant in a cycle, you need to apply it consistently, and don't take into consideration any of the protected classes/discrimination issues.

OR Is the "Mortgage Deed" that you refer to a typical Mortgage (or Deed of Trust) which establishes a lien against the property?

This is how the rich stay rich and protect their assets.You can take it even a step further by establishing a C corporation that functions as a holding company for your LLCs. 

The Seller already has a mortgage which is superior to your interest established in the CFD.

This includes proper entity establishment, diferent levels of insurance, and other items as recommended by your lawyer based on your circumstances. 

(The reason I give them a couple extra days is because I know how stressful moving can be and I don't want to risk them not having electricity while they're in the process of moving.)Now, if for some reason they don't take the necessary steps to establish utility service in their name before the 3rd, the utilities are still going to be transferred out of my name and shut off.  

What needs to be established is that you pm was negligent in the their duties and or breached the agreement....so, where they negligent?