I assume you would have to pay cash, because you have to spend all cash received to avoid taxes.

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.

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

Hi Everyone,I  am a professional wholesaler and property locator, I locate property on/off market, do a full due diligence on title, encumbrances, taxes ect...

If you live in the home for 2 out of the past 5 years and move out of state you may be exempt from the tax.  

And must be pretty significant unreported income if it would have caused $45k in state tax liability.You advised your client to wait past the expiration of state statute.

And you would get to indefinitely defer all tax on the gain from the sale.

If you need an LLC for tax reasons later, you can move title into an LLC later for a couple hundred bucks.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

The big advantage is having the capital gains spread out over many years to avoid a huge tax bill.