Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be.

There is a lot of that. 

I got in for no money in a C plus community so I made a move.

I do not want to give a single OTA a competitive advantage by choosing to have my STR listings on a single OTA.  

If you have not flipped a home, do not have a rental property, and do not own a primary residence, you may have a hard time getting into lending.

I talked to him by email once a while, and he is a very down to earth guy, always willing to help and to listen as well, very nice people.      

One thing to think about are the tax implications of being a Canadian paying US taxes.

@Arthur Savery, Many of our clients are taking a similar route. 

Can you wholesale a deal that is active with a real estate agent?