Hi Andrew,The loan programs that are there for foreigners are usually at a lower LTV so that affects your cash on cash return.Turning around a project locally where you can be there everyday is tough.

I am not sure if I am competing with local investors and if they will welcome me or hate foreign investors.

Canadians have an advantage in relation to other foreigners in that they can purchase properties and get financing via familiar Canadian banks.TD has a huge presence here and allows for easy cross border transactions.You can purchase 3 bed, 2 bath properties in many areas for under $200k that return $1200 to $1500 USD per month in rent.We liquidated all of our real estate in Toronto and moved to Florida last summer to fix and flip full time.

I've been dead broke in a foreign country, working in the black-market with barely enough to buy my mother's medications and keep her alive as long as I could.I would rather be in that situation again than be where you obviously are right now with your wife.Go home and learn to honor the woman you married.

Some of them are more flexible than the big banks and I know the area has a lot of German immigrants so you are probably not the first to attempt foreign investment.I tried to do the opposite in Germany and I could tell you it was very difficult to open my sparkasse account.

You have foreign money, pension funds, etc, that see the safety of US real estate as well as the high returns compared to their alternatives. 

I am a Canadian that has been looking at doing BRRRR in the USA, specifically in the Augusta area.I have a realtor, property manager, and rehab contractor in place.What I am struggling with is the foreign aspect for me.

They are simply doing their job to make sure someone isn't laundering money, evading taxation etc.Suspicious Activity Reporting—Overview"Currency activity reports.

There is also additional paperwork for US-based syndications accepting foreign investors.

My gut reaction suggests that it may be wisest to hit the foreign market for people who desire asset protection or have some other interest in the area.