Be a sponge and take notes.Once you have selected a target niche and gained knowledge, then bring a deal you have brewing here for experienced investors to analyze. 

Hire out for snow removal and lawn care and save money on purchasing/ storing equipment. 

Both structures have their separate utility meters.The main house was leveled in 2003 so that will need to be taken care of; 4.5k. 1.5k for drywall repairs after the house is leveled. 

So interview some banks, narrow it down to 2 or 3, and get loan estimate for each.Admittedly, the Loan Estimate doesn't tell you if they are fair, honest, responsive, care about you, etc. 

care to elabarote a bit on how you financed the purchase and rennovations?

I also think it is a good idea to minimize your taxes now, while positioning yourself the best you can for the future (where everything is an unknown).It certainly would not be a bad thing to also use your retirement accounts to invest in real estate (as long as you are very careful to follow the rules- avoid self-dealing!). 

You'll want to be careful not to pierce the corporate veil and ensure your business is run as an actual business properly. 

Of course, you will be risking not getting paid.You also want to calculate your gain carefully.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Anudeep, When it comes to real estate investing the expertise and knowledge is more important than location when you are trying to select a CPA to add to your team.