The low income versus high cost of living is referred to locally as the sunshine tax. https://www.businessinsider.com/most-expensive-places-to-liv...https://www.census.gov/quickfacts/fact/table/sandiegocitycal...It is my view that the incomes cannot sustain the high cost of housing in San Diego but it has seemed this way to me for four decades and yet the RE prices keep increasing.  

They are farily easy and do nto require much to get started and the Max LTV is going to be 75% but I have seen some exceptions to 80%.Rates are subject to a few thing like loan amount, property type, number of units, credit score and downpayment.DSCR allows you to purchase with No employment and No tax returns so its a little easier. 

If you don't want the property any more a 1031 is probably your best bet, unless it's got a huge capital gains capture in which case you could just take your tax lumps and collect your funds. 

Start small with one property, choose a strategic location, stay transparent with lenders, and ensure tax compliance.

Is it worth getting Bob Diamond's course on 'Tax Overages'?

The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

But for anyone who just has rental properties that they report on a 1040 tax return (not in a partnership), I would suggest considering rental property management software rather than general accounting software.  

Here are title cost numbers from my last deal in Lake Oswego ($625k sales price):Title agent fee: $1100Owner's title policy: $1425Recording fee: $350MERS: $25There may be transfer taxes depending on what county the property is in, as well.Chris

You should always look for Tax-Deferred and Tax-free methods to Invest.

Your accountant will need to know this as there is tax implications.