Most people can't afford that hit to their income.I recommend the two college towns, Tuscaloosa and Auburn, as having affordable houses, high rents, stable tenant supply, a number of very good management companies and landlord-friendly courts.

While my husband and his ex make a similar income and do not exchange child support due to us pointing that out in court a couple of years ago, she actively request all financial documents that she possibly can and examines our taxes, etc. 

Over the past decade I have invested as an LP in about 50 apartment complexes. 

Larger properties offer economies of scale and better financing terms, but they also come with more complexities and higher upfront costs.

From SFH BRRRR, flip, or complex syndication apartment deal they all require effort.

Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.

They can go to court and the court will order the property to be sold to settle things.

Quote from @Dana Yobst: Quote from @Julio Gonzalez: @Dana Yobst While it may seem like a simple concept, it's actually a very complex process that requires significant documentation as well as specific methodologies.

Quote from @Dominic Mazzarella: Quote from @James Wise: TikTok is supposed to be shut down in the U.S on 1.19.2025 unless the Supreme Court blocks or delays the U.S. ban per Trump's request.I won't pretend to have any idea how the inner workings of the data collection between China and the USA effect the world, but on a personally business not, I like it.

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.