Any Canadians investing in Florida on here?

[Kash Mahdi]

Hi BP community,

This is my first post on the BP forums!

I'm from Toronto (Canada) and I've been working part of the year in Florida. I started listening to the BP podcast and listening to BP audiobooks on my drives to and from work. I want to start investing in rental properties, but the Toronto housing market is INSANE. I'd like to invest in Florida, but I can't really find any resources on tax implications and other things I should be aware of as a Canadian investing in US properties. Yes, I've tried google, but I just read a bunch of articles from major newsletter that don't tell me much other than "the tax laws can be complicated". I don't know what I don't know and I would really appreciate it if someone can steer me in the right direction.

I will begin as a long distance investor and keep my tax home in Canada (that may change in the future). I will not be house hacking these properties and will need to get a property manager. After reading The book on rental property investing, I've decided that I would like to begin investing in multifamily homes (duplex, tri, quad) and use the BRRRR strategy. I would like to get a mortgage or refinance the home if I pay in cash. Anything I need to know as a Canadian investor with this plan and strategy?

Are there any resources, websites, articles, or books you could recommend me on this topic?

Any advice for me and anyone else in the same situation that may read this thread?

Thanks in advance!