Knowing everything about your business, and subsequently managing all people involved, unfortunately, always rests on our shoulders.

If you want to stand out and be eye-catching over all the other competitors your property must be different!

However, if this is a true "joint venture", all members must be actively involved in generating their own profits so the credit partner would also need to participate in decisions regarding the property such as which contractors to hire; handling issues that arise, etc. 

They’re involved with money laundering.

My initial question, does anyone know what's involved to invest in a US market as Canadians?

Notre Dame has had a lot of involvement in improving the area in the last 15 years, and there is a growing startup community.

It involves renting out extra rooms, adding an ADU, converting unfinished spaces, or splitting the home into a duplex.

Real estate investing may involve more cash, but less time and focus (though certainly some).

It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.

If your market is appreciating and you still can handle the work involved, I would hold on and rework the property if needed.