I forget which (Champaign or Urbana), but one is very restrictive on STRs...just make sure you are aware of zoning and restrictions. 

I have a visa and although there are advantages to having my visa for lending and travel, it also allows me the ability to live in the US without restrictions that a Canadian would have without one. 

I'm not sure if these high tech salaries will continue, some of them get compensated via RSU (Restricted Stock Units) My suggestions were to house hack (if they're still renting) or within a 2 to 3 hour drive.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

If they are in a mobile home park, there will be restrictions as to what you can do (same as if you had a condo).

I lost +$35k on the sale (I did purchase it at the height of the housing bubble, i.e. 2007) and rents were stagnate for almost the entire time I owned the property (I was only able to raise the rent by $50 over 10 years ($550 in 2009 to $600 in 2019).  

If it's the case that the lender origination/broker fee increased last minute I would not be thrilled.Regarding LTV, are there any seasoning restrictions in play?

It is my understanding that this information is restricted, even more so than tax returns. 

He or she will also explain licensing, usury restrictions, and a host of other requirements.

There are areas that restrict rentals to 6 months out of the year.