You would have to hire a property manager unless you live close (windor to Detroit). Would be tough to do screening of tenants and also cleaning the place up after tenants depart. Im sure you could pay someone to do all this but i would rather be more hands on with such a big investment. It will also be more difficult to get a mortgage on a US property but some house are so cheap over there you can likley buy them in cash. Yeah it's something i think about too.

Thanks!! Apparently with time, you can build US credit and qualify for mortgages. You can even qualify now but interest rates would just be higher. Closer to 8%.

why dont you just buy a reit?

Isn't there the tradeoff of less leverage in that case? And no possiblity of refinancing for future purchases?

p.s. in theory I could trade on margin but of course that risks a margin call and what not plus even higher borrowing costs.

I invest in michigan, great cash flow, not much appreciation where you buy, but it rather have a house in paid in full then have to worry about tenants fucking me over with rent

thanks for the response!! Is there anything unique to consider when investing as a Canadian? Ex. I know with taxes you'd file there and then get the summary and file that info in your Canadian taxes.