For them, these properties are still cheap by international standards hence the real estate market si still booming in spite of all the economic difficulties and uncertainties and there's likely a long trajectory upward ahead for prices.

@Anthony Quint I personally decided to stay in CAN and not venture into the US.

I'm working to get my personal finances well established/understood, which I think will help me determine my best path forward.

Personally I have never heard of them.

If they had instead used the money to get started, with personal research and due diligence, they would be lightyears ahead.Maybe I should start a YT channel.

In this scenario, you will benefit more by holding off to qualify for a standard primary residence loan and house hacking. 

This is based on my personal experience.

If you tell them you're a landlord and you own the property but aren't living in it, they should be able to quote you for liability, the house, and a much smaller amount of personal property (appliances like your fridge or stove)

Hello Mike, thank you for the reply, you are the right person to listen to.

It's not a great time to refi if you wanted the equity from it, but it sounds like you are going to trade this house to do the same thing again so why not keep it and do the same thing again since you are thinking you might need to go big on your personal residence next?