Canadian here we have done 150 projects in the last 3 years now doing air bnb looking for feet on the ground

Also, again, I don't know Canadian banking, but I would check with your bank to see if your country offers the same recasting option that the US offers.

I’m Canadian although a U.S. resident 10 years now.

Re Canadians, specifically, you will need an LP or an LLLP.  

I was growing tired of the 26 -36 weeks/yr living in hotels, but was sitting on a reasonable pile of retained earnings (had no time to spend any of it).In 2008/2009, the Canadian dollar was at a high (par or better to the USD) and it was not a good time to repatriate earnings that were in USD or EUR, so I elected to become a {mostly} silent partner in a few small apartment buildings in New England {I did help with electrical, communications and {what is now called} "smart home" features during the renovations of a higher-end building}.  

If you see a complex that has "racquet" in its name...run...as those fees will be in the $400 range due to the added amenities.I have helped many Canadian winter visitors search for houses and condos, which are almost always booked for the Jan-March high season at least 8 months in advance.

I almost went with Royal legal in texas and they have a similar structure in there. 

Royals, who beat the Angels.

The other part of the puzzle is to check out the Housing Authority you will also will be working with   Inspectors (and yes, your rental unit will be inspected on a yearly basis) can be reasonable or a royal pain in a low spot to deal with.If possible avoid what I describe as "possum women" (in both the Section 8 programs and dealing with individuals). 

It is entirely Canadian and Canadian focused, although some in the group are expanding to US markets.