➡️ Are there any active termite infestations?

Termites etc will eat away structure.

As of about 5 years ago when I was inquiring, RBC US did provide US mortgages for Canadians however not a 30 year term, only ARM (Adjustable Rate Mortgages) which is a similar mortgage product to what Canadians are used to, difference being after a 5 year term it would flip to an adjustable rate mortgage. 

While you do not have to deal with the tenants, toilets and termites - it is not 100% passive as some make it out to be, so just be aware of that going in.

You can also expect water damage, termite damage, and mold. 

Long term it probably doesn't though. 

HVAC / Roof / Electrical / Pest / Termite / Sewer Line Inspections (at buyers cost)9.

I will word your statement to be historically more accurate: it has been historically difficult to not get a good ROI.best wishes Obviously, long term its a good place to invest.

If you don't know real estate, this would be the same for  you if you just want to invest, not wanting to do the work nor learn nor wanting to do option 1. excellent post Ke Nan, couldn't agree more, and Chris, if y'all are working full time, then may be most efficient to maximize your W2 earnings as you are, then plough the savings into Real Estate syndications to get many of the same tax benefits you would get from direct real estate ownership but without all the time investment of dealing with tenants/toilets/and termites etc.

That buyer had an inspector that found multiple problems, such as termite damage to structural posts!