It all really depends on your overall situation and your investing strategy.

Geez, I'm just trying to get a second look at my math for the current situation.

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.

All situations are specific to individuals.Our best wishes and empathy go out to those LA individuals and communities.It’s been about 6 years since one of our storage locations was flooded for about 4 months.  2 feet over the roof.  

Any legal issues I should be aware of in this situation? 

Saw a similar situation with friends.

To answer some questions, yes, there is a clause that states in an emergency situation prior approval is not required.

What does the partnership split usually look like in these situations? 

Situated on a 0.52-acre lot, the property provides a spacious environment.

I went from barely breaking even to walking away with a very comfortable profit.This experience taught me two critical lessons:Never give up when the situation looks bleak.