I was looking for some advice (viable target area, financing options and credible PM/realtor contacts) from the experts here though especially if you are in a similar boat as mine (reside in Canada/Ontario area and invest in US).Thanks much, in advance! 

You cannot market or sell a property legally without a realtor licenseYou cannot provide financial advice or foreclosure rescue options without certain credentialsHow you define helping them, especially if they want to stay in their home

The better option is for the Seller to pay your closing costs.

They will remember you and keep you in mind for opportunities.You can also use the search option to look up Realtors and other professionals.Lastly, I recommend updating your BiggerPockets profile to share more about you, your goals, your service areas, and anything else you want to share with the community.All the best!

I just recently bought my first house so cash is kind of tight but I want to add sources of cash flow more than ever now that I have a mortgage.

I'm finding some great sellers in Orange County who like that option to help with their capital gains liability...you just need an agent who knows how to present that type of offer.  

Secure funding for your flip through options like hard money loans, private investors, or leveraging your home's equity with a HELOC.

Why would you want to work with a realtor (I know she is your wife, no offense) who knows none of the agents, does not know the paperwork or the process (they don't teach you this in the class) when your primary residence is on the line.Brokerage options vary, but if you just choose the cheapest one and use your wife, you will pay for it later.

If so cashout refinance. it also depends on your goal and use of the funds happy to help weigh through the options! 

Even with no/low money down options, I suggest having ample reserves in case you need to come to the table with cash for some reason.