I disagree with all but a few posts above.
first, quite a bit depends on compaction. If it has been forest for the last 100 years, you have the worst scenario as you have compaction as well as high acid.
If it was pasture before, and just grown up, first I'd bush hog it now. then in a month or two, pay someone to bottom plow it for you. you don't have enough tractor to bottom plow that land unless you pull a single bottom and spend a long time on it. Ford 8ns bottom plowed sand land all day long back in the day, so I guess you could too but bottom plowing is just hard long grunt work for a tractor and there is actually a learning curve with a bottom plow, so you'd be back here asking how to do it. just pay that done.
Bottom plowing does a few things: first, it can be bad since it inverts the soil layer, putting GOOD topsoil under BAD sand/clay where the topsoil can't be used! Now if your topsoil goes down a foot or two, then no worries. In your area, topsoil is probably going to consist of sand plus organic material that is currently being worked on by bacteria. bury that bacteria under a foot of "turned" secondary layer, and you set back your topsoil process.
second, bottom plowing buries "slash" from bush hogging as well as buries new seeds...but it uncovers seeds that may be 100 years old! you'll see stuff growing you never seen before.
Bottom plowing also loosens the soil for 8 inches to a foot down. This increases the water carrying capacity of the soil. Instead of running off, it can trickle down. I also suggest deep ripping beneath the hard pan if you hav one, this will also assist with water infiltration.
Sooooo here's a plan.
step one, bush hog
step two pay to have it bottom plowed if the conditions above apply
step three, use a MECHANICAL tiller, also called a chisel plow or field renovator to "comb" or plow the field.
step four, soil sample and apply lime accordingly.
step five, broadcast some wheat and KY 31. I think bahia also does well in your area.
step 6, enjoy!
I would not attack 3 acres with a pto driven tiller.
you are late. you should have been planting fescue and wheat in sept/oct. So I'd say you can still get a cover crop down but don't expect an early cutting of hay.
right now