Hey @Nathan WiebeNever done that but maybe one possibility would be to have the US friend to be the mortgagor.He doesn't necessary need to be the owner and it doesn't mean that he is the one, in practice, who has to make the loan repayments.This setup involves a great degree of trust between the friend and the Canadian investor to the extend that it is questionable whether it is a good idea or not to set it up that way

After lurking around, I’ve decided to introduce myself and get more involved with the community.Currently, I am working full time as a field engineer while my wife is working on finishing her degree in nursing.

Not exactly 1% rule, but it has high appreciation potential (although I wouldn't bet on it). 

@Christian Nachtrieb - I'm using PML for entire purchase price and in some cases a portion (or all) of rehab funds needed for the project up to 70% of appraised ARV, so no other lender involved at that point and I do not put anything down.

Out of town rehabs need a third party inspector to be involved, and you need to find a benchmark of completed work for payments.

Hey it’s my first post on BP, i’m trying to get more involved on the forums and the site in general because i’ve heard from almost everyone on the podcasts that it’s been a tremendous help for them.

I really don't have any information or advice I can share with you, and it would frankly be really unprofessional of me to speculate on any past issues involving another party.  

I would Google really thorny condo questions and see what law firms were involved in cases that went to IL supremes, that would be a fairly good indication the attorney's had some experience.

You mentioned you purchased directly through a seller so I am guessing no agent was involved?

The reason why American business (this includes real estate businesses) have returned, on average, higher returns is because of the risk involved.