I need suggestions on what i should do in this time to utilize it 100%, how can i know more about Canada Real estate market, how to know how much would i need to invest in my first property etc, what i should read first and where i should startThank You in advance for help!!

It’s other factors that are going to affect your score, like age of credit history, credit utilization, etc.  

The existing rental agreement specifies that the tenant is responsible for all their own utility usage bills (I pay water for the building, as is typical).

I live in RTP as well and had that problem a while back.There are various strategies you can utilize, but which one is the best, will depend on your goals (short or long term).

I was told I could utilize this same strategy once I have lived in the property for a year, move out and purchase another property with owner occupied financing.

But anyway it happens everywhere.. the players in the industry there are Bob Lucriox and Walter WoffordJulie Harrison  and many others. 

It makes no sense for you to be reading how to manage real estate right now unless you have the capital to buy some.If I were in your shoes, I'd be working on figuring out how I can get a high paying job out of university that will help fund your own investment company or getting a job in the RE industry so you can build a network.

One thing that has given me trouble is dealing with utilities.

If so most of those lenders which will be the same lenders you would utilize for financing your personal home cannot lend to a LLC rather to an individual.  

If so, what is the best path to take to enter this industry?