Also, I was planning on modifying my existing lease and having my lawyer review.

Much better rent to value dealsPotential for better cash flowsCash flows will be in US dollars US already has had a correction and Canada is due for oneLarger networkCons:- Have to consult a cross border accountant, lawyer and tax specialist which can be pricey(Quoted to be 350-1200$)- If you buy a property in the US personally without an entity there is a 30% tax u have to pay which can be circumvented by filing US tax and claiming the rental income- Will probably need to buy an LLC or LLP(im still learning the difference with these two) and dont know what situations would benefit the best for this. - The exchange rate is bad for Canadians which some people point out if you repatriate the income from US it will be gobbled up by the FX people here in Canada and may benefit CRA and IRS which im also trying to sort out how. 

Hello , I just wanted to get everyone's opinion It's seems to me like real estate tv shows and real estate gurus have made real estate investments a trend,Which is a benefit to agents , lawyers and title companies sells wise.

Especially in states like California known to ignore federal law (marijuana and immigration are two examples) and they will side in favor or the tenant when something goes wrong. 

A lawyer must do the promissory note.

The other one I really enjoy is by an investor in Alberta who is also a lawyer.

Brandon Hall, would you recommend a MD CPA or a MD Lawyer who specializes in MD taxes? 

The title company has a lawyer telling them what to do so i assume everything they are doing is legal.

Hello Bryce,I am a real estate lawyer here in California and the other commentators all make good points.

I'm thinking that this is going to take a good lawyer and a brilliant tax person to do.