Whether you need a CPA with just three rentals depends on the complexity of your situation and your comfort level with DIY tax prep.If things are pretty straightforward, you might be fine with tax software for now.

There is no one with experience in actual real estate high up in the company, which is the problem with most tech companies masquerading as real estate companies (including brokerages).Let me know if you want to know even more. :)

Better if the company has a lot of info in writing that you can absorb to minimize this.

@Alec Barnes As the owner of a property management company in Texas, I completely agree that a solid screening process is essential for placing quality tenants.

The mid term rental company is great but real wealth comes from long term ownership.

We can close on $50,000 to $50M (note a company doing multimillion dollar deals is not doing $50k deals)

Do you recommend making relationship with property management companies?

You can usually request this from a title company or look into public records in your county’s clerk or recorder’s office.If you’re not sure how to navigate this, contacting the auction house or a real estate attorney familiar with foreclosure auctions can help ensure there aren’t surprises.

@Noah Laker Will you be running the house or leasing it to a company.

Old post but I figure I would comment here... my Company, Maven Cost Segregation has done studies on projects like this.