The math showed that was the right choice to get the step-up in basis within the foreseeable future.

It's great to hear about your interest in real estate investing in the US from Canada.To begin your venture into real estate investment, it's important to educate yourself on different investment strategies, types of properties, financing choices, and market analysis.

AppFolio is probably the best choice in PM software right now.

Both these investments may be good; but for the “wealth accumulation” stage the land that triples in value is clearly the better choice.

Looking forward to learning more about your choices and how it pencils out. 

I know that, overwhelmingly, it's what you fill your head with that counts, it's the day-to-day actions you take, it's the spouse you marry, it's the systematic choices you make, and perhaps most importantly, the personal hypocrisy you don't allow yourself to get away with.

@Karan Shah, I will say that what Michael has mentioned is a better choice.

Also MLS properties have sellers that are ready to sell and are selling because they have to by choice or otherwise.. 

FHA Loans:FHA loans are a popular choice for house hacking because they require a lower down payment (as low as 3.5%) and more flexible credit requirements.

@Michael Mainini you have options and renting could be a good choice if your interest rate is low.