I need some air compressor schooling

I just hooked up my IR, single stage 5hp 220v 60gal, the other day. Its too cold to give it a work out this time of year but I can't wait until spring to start turning bolts. I really wanted a 2 stage but the price difference made it just too out of reach for my budget and I figured this would do all that I needed. Its an IR SS5L5, picked it up for $800 shipped and dropped in my garage.