The rental income will more than cover the mortgage and still provide positive cash flow, which is rare in the California market, making this a great opportunity for us.However, underwriting has expressed concerns about us moving from a presumably larger home worth $606,000 to a smaller one worth $376,000.

Canada, presumably, would see the LP as a standard "Partnership", and the Foreign Tax Credit for US tax paid should work according to the Tax Treaty.I am no tax accountant. 

Flipping is presumably more involved, so you can be on site doing that while buying for cash flow elsewhere. 

Well, most of the time (maybe all of the time) you're buying HUD houses "as-is" and you're not really using the presumed condition of the plumbing as a bargaining chip.

I am not yet retired but during retirement, I presume that going anywhere anytime is better than staying at home :)

The author here suggests that a cost seg. study merely identifies what is 1250 property, 1245 property, etc. and presumably these categories exist even without the cost seg. study.Many questions exist currently..

The one exception is that I know assignments were down in Vermont some during the Omicron surge, when other parts of the country were doing badly and Vermont had not been hit by it yet, presumably because the most lucrative assignments with huge signing bonuses were where they needed the most help. 

For a single rental, which I presume is a house, you are better off just holding it in your own name with good insurance.

You would not need a broker to do this since it’s just a personal loan to you secured by a real estate note you already own (which presumably, was brokered appropriately and assigned to you properly).

I presume you mean you, but the meaning was difficult to figure without knowing if you were the, buyer, seller, wholesaler, or lender.