Canadian Investing in the US

[Jeffrey Kay]

Hi all,
I live in Canada and have started looking at perhaps buying some real estate in the US for cashflow. I live in Vancouver and the cap rates are ... awful. I have saved around 80k USD so at 20% down I would be looking for something around 400k. I was thinking the Phoenix area would be good since I wouldn't mind living there in the winter. Do you think it's possible to buy something there maybe a duplex where I could rent out one and live in the other part time? I just turned 25 so I don't really know what I'm doing. thanks!