RE Experts, What would you recommend?

I would also recommend seeing if there is a local REIA held in your area. 

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I have worked with a number of great CPAs over the years and would be more than happy to provide you with recommendations if you'd like?

Troy,In addition to what Melanie listed I would add, you need to find out about the local, state, or federal guidelines (if any) that impact the setup of the property.  

Hey jeremy, sometimes the best options may not be local I recommend asking some qualified investment focused brokers 

In my opinion, I'd recommend to keep the property, considering it's location and the appreciation factor in SD.

I highly recommend this for newlyweds or if you are engaged.

@John Underwood - do you have any books you can recommend? 

I recommend connecting with an investor-friendly lender that can give you an idea of what you will be able to afford based on your DTI, credit score, and current income & assets.