Tax reporting costs,  annual renewal fees, legal fees to establish and maintain...Hopefully you didn't transfer with quitclaim deeds. 

Should I factor in maintaining the land/property for a certain amount of time.I suppose my main concern is not biting off more than I can chew and making sure my ceiling still leaves me above water.

Boston has maintained an incredibly vibrant and economically strong community because of it's research, education, technology, and pharmaceutical sectors and it will continue to foster those industries.

Additional information:- This house is a 5 bedroom and only 5 people can live there- It was also built in 1860's (but seems very well maintained) *should I be concerned about the year built?

Well maintained (all mechanicals are no older than 6 years; new roof 3wks ago, new elect boxes,etc)  1 tenant just moved out, cleaned up and ready to lease. 

Wood Look Tile• A popular and trendy flooring option throughout the home improvement industry, wood look tiles are easier to maintain and more durable than natural hardwood. 6.

Take good care of the unit and the equipment we supply, and if carpeted, maintain and leave in professionally cleaned condition.

Most ACs (in Florida) last 10-15 years and 20 years if they are perfectly maintained (doubtful on a rental).

Getting started on the right track will be helpful to maintain a relationship that could benefit you both in the long run. 

As long as you keep your payments current, maintain a good credit score, have current taxes, a good debt coverage ratio or debt to income ratio, you should be able to refinance fairly easily.