As for opening a U.S. bank account, Canadian corporations can do so, but you’ll need to provide documentation like proof of incorporation, a U.S. tax ID, and possibly a personal guarantee depending on the bank. 

Quote from @Ashley Westerfeldt: Hi everyone, we are working on a deal that currently has an underground, salt water pool outside as well as an indoor hot tub.

For example, if you set up a Wyoming LLC to hold real estate in Oregon and properly respect these boundaries, the LLC should shield you from a lawsuit brought by a tenant, such as a claim stemming from an injury on the property.

Good luck on your journey!!!

But to answer your question why you still see so many active STR's on Airbnb in a restricted area, it could be a couple things: It could be a "hosted rental" meaning the homeowner is there and is just renting rooms on Airbnb.

@Scott LorenceThe advantages to renting to college students are that they generally leave after a few years so you can do repairs or updates, you can raise rents on a regular schedule, they will pay a premium to be near campus, and if you get engineering students they tend to fix the small stuff on their own.

We’re experiencing the same for our unit on a 6 month lease and suspect it’s due to the time of the year.

I am on a similar journey...

🏢Go on sunrise walks—even if it’s just 5 minutes.

Check it out and see what it's about before it gets too out of control on here.