An inland marine insurance policy for the equipment . 

If you're specifically into networking with other Canadians who also consider U.S. properties, check out forums that focus on cross-border tax issues or financing strategies.

Next I intend to cross check the calculations (esp. taxes) and simplify the layout.

Apparently double taxation is one of the biggest hurdles for cross border investing.I would really appreciate some sound advice about this, and if anyone knows someone who specializes in US-CAN cross border tax laws, please let me know.A big big thanks in advance.

@Chris Seveney is correct though in this scenario your going to need cross collateral.

I would just point out that when you get involved with syndications as a LP, you are basically handing over your money and crossing your fingers that the guys you are hooking up with are honest, fair, and will take care of you well.  

Your SBA lender will also be a good lead since they can cross collateralize the loan.

I currently hold two W-2 jobs as a Firefighter and US Marine.

Thank youGustavoYour first mistake was setting this up before getting the proper cross border tax advice.

Cross Country Mortgage for the lender, Thumbprint Realty (myself) as the buyer's agent.