Half Bath: This is basically the same as the bathroom category except reduced down to vanity, faucet, flooring/tile, setting material, toilet/connections, light fixtures and Misc.

However you can reduce the risk to almost nothing with proper knowledge. 

My goals are primarily to earn 2 doors/yea greater than net 1.5%CF.

With respect to purchasing property through your Canadian corporation certainly you can do so, but any income earned by the US property would be subject to US branch profits tax in addition to the FIRPTA requirements Chad mentioned previously.

However there are lots of creative ways to finance that can help reduce that. 

I agree, the equity looks good on paper, but it’s a couch potato when it comes to earning.

@Anthony Wick more doors doesn't reduce vacancy.

Newbie here looking for advice:While I saved up cash for real estate, I didn't want the money just sitting in a .05% interest rate savings account, so I moved it to a brokerage account and invested in relatively safe large cap stocks to earn a better return than a savings account.

This is part of my normal tax filing anyway because the US (not sure for other countries) now "requires" reporting of all income earned worldwide. 

Any extra money I earn from passive income will be donated or invested into some not for profit companies my wife and I have brainstormed.I am excited about meeting all sorts of people in the real estate investing community and learning from everyone!