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Being a Canadian citizen without American citizenship, would I encounter any problems or restrictions when trying to invest in commercial real estate in the US?

Regards,

DC

What also intrigues me about some of these real estate moguls is how some of them come from nothing and built an empire to an excess of hundreds of millions of dollars.

For example, David Lichtenstein, Founder of Lightstone Property Group, started out with a duplex which he put on his credit card 18 years ago, and is now one of the biggest private owners of real estate in the U.S.

The guy is only 43 years old, started with nothing, and has exploded his company to $3 billion in holdings. How is it possible to acquire this much property in such a short period of time? I know that he has obviously leveraged a lot of his time and money but to go from $0 - $3 billion dollars in his company portfolio is outstanding.

How do you think he accomplished this so fast?

In your opinion, what separates the average millionaire real estate investor from the tycoon real estate investors? What do the tycoons possess that all the others do not?

If you lived in Michigan and found a 20+ unit apartment building in Detroit (or close by) that...

-has a positive cash flow
-is rented at below market rent
-has a cap rate greater than 10%
-relatively good shape
-Occupancy is above 90%
-Price/unit is below $30,000

...would you buy it if you had the funds/financing to do so?

Does anyone know of a website that provides current info and future outlook on rental market trends across the U.S?

Are you able to work from home and not pay your office fees?

What exactly is a desk fee?

What is the split you get?

"I can pull agent data on people that have passed away and know their listings, expired percentage, list price to sale price ratio both as a buyers agent and sellers agent. All you have to do is be a realtor and pay a couple of thousand a year to participate."

Does anyone know if this also applies to MLS.ca?

Are there search options that allow realtors to specifically search for expired listings on the MLS?

What exactly happens to expired MLS listings? Are they just simply deleted from the system?

Is there anyone that believes that rehabbing can be a lucrative venture in any market or any conditions?

I read a book and there was an expert that mentioned that rehabbing (if done correctly) could be lucrative in any type of market conditions (i.e. hot, slow, big, small, etc.)

Anyone else agree with these statements?