RCA has a report out that says cross border CRE investment in the US by Chinese investors have fallen behind Canadian and Singaporean investors this year after being the largest last year, dropping 55% YoY.

The also understand tax from both sides of the border.

The biggest cause of piercing the corporate veil is not observing corporate formalities. 

They are experts in cross border tax and legal strategies, and can provide a consultation for your best structure to use.  

Typically you must honor the lease that is in place, but not sure how you formally get the lease "updated" to reflect you as the new landlord.  

Most can't name them, they are usually in Chapter One in a formal real estate educational setting.

As @Marcia Maynard you will not have the courts to turn to in a formal eviction.

I live on border and was going to expand my wholesaling into the towns that are on the IL border - Lansing, Lynwood, Steger, and Crete.

@Dean HulsingOnce you understand the environment in which the business operates (local tenant population, average rents, physical and economic vacancy rates, the growth / decline of the local economy, the risk of the local economy (i.e. does most of the tenant population work for a single (cyclical, declining, growing) employer)), then you can compare the business (property) to its peers and evaluate its shortcomings and potential.After the above, you should be able to put a value on the business and, if it looks to be a profitable, long term venture, issue a Letter of Intent (LOI) with your offer and deal framework,  If accepted, you then dig-in and conduct the formal diligence.

Hello BP,My name is Derek and I've recently moved back to the Buffalo, NY (family is from here) area after spending the past decade across the border in Toronto.I'm in the process of getting my 1st property, pre-approval for my Financials are set, and I will be looking at properties starting this Sunday (yes, sacrificing a football Sunday, so you know it's serious!