Could we just keep track of the proffits and expenses ouselves and each report our share of it on a 1040 schedule E come tax season?

You can still apply for a mortgage there yet as a foreign national they will probably want to only give you 50% or so and it might be tough during this virus time as liquidity is an issue for lenders so they will stop giving out money to those farthest away.I have never been inside the 3 homes that I own there and I have owned them since 2009/2010/2011. 

We are excited also to e-meet an aspiring Real Estate investor like you. 

I, being a mortgage broker/lender, feel that having liquidity right now is key and there are going to be opportunities with what's going on, even after the dust hopefully settles here soon. 

But even if they are liquid, it doesn't mean they won't not pay on time, have financial issues throughout the next year (COVID??)

I was able to work around this by leaving a building envelope with the best mountain view, and allow the Buyer to move forward with building before the moratorium expires.

Find other investments with lower commitment and more liquid.

She had warrants , he say her car tags were expired , and no insurance , then he finds a crack pipe on the passenger seat , and asks me "since she shoved you do you wish to press assault charges ?"  

This would e what I'd do in NC, but Canada may be different. 

@Zach Quick, Nixa...on E Mt.