This is a great place to learn and to connect with people so take advantage of all the great resources.

@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

There are definitely advantages to the liability issue when using an LLC, but there are some disadvantages as well. 

Any other advice or tips when selecting an ID real estate agent is appreciated.

Investing in a vacant property in Cleveland offers the advantage of setting your own leasing terms and screening tenants to ensure they work for you.

I'm finding it hard to believe that Xero doesn't have the ability to do this will all their custom reports stuff.In Xero I can't figure out how to get a view in a report how much the principal has paid down over the selected time period. 

And of course, take advantage of the tax benefits along side my current business income.Viability of the idea?

This is a great place to learn and to connect with people so take advantage of all the great resources.

As a real estate agent, I work with a lot of investors and home owners in the south shore excited about this and looking to take advantage of it. 

Owning has advantages that LL does not such as no vacancy, typically lower maintenance/cap ex versus being occupied by tenants, and often property tax breaks.