@Angelo Mart  I researched rent-o-meter, craigslist, zillow, and hotpads and for an average rental price in a 3-mile radius and calculated $1500 for the 2/1 and $1650 for both 3/1's.What numbers do you have for units on the border of 07111 and 07083? 

With Cap rate compression, MFH isn't de facto better than SFRs.

In border states, such as in the Rust Belt and New England, we have found smaller local banks and credit unions who are willing to lend to Canadians (and are familiar with Canadian credit histories, NOAs, etc).

I'm originally from Beverly, Chicago near the southwest border, but recently moved to Tinley Park once I finished school this past May. 

Completing a 1031 Exchange allows you to defer that tax and depreciation liability and invest in another rental property or something like a DST (Delaware Statutory Trust), if you're an accredited investor.

@ Jorge De Jesus, Yes. 

It's weird that a lot of the gurus tell you to form an LLC in Nevada or Delaware etc. and they never mention forming one in the state where you conduct business. 

Matthew,Look south across the border, I was born in Canada but have invested all my life in the U.S.

@Jorge De Jesus Thank you Jorge, i totally agree and I appreciate your input.

@Jorge De Jesus You have been provided excellent, real-world advice by @Dave ChapaLike @Bill Spell I am interested in knowing more about the deal specifics (you don't have to give the address or anything like that)