Seems like that's the best way to invest that while avoid UBIT.My IRA money is in a traditional IRA right now. 

Don't have to be a Christian to find help from that quote.   

But curious of the reprocussions  Well, for one, it'll jam you up when you apply for the next mortgage, unless your day-job income is sufficient to support the multitude of traditional mortgages you otherwise might like to use for future real estate acquisitions.The [rent * 75%] mortgage arithmetic only applies if there's no good reason that the rental income should yet appear on your tax returns, such as if you're just now buying the property or purchased it more recently than the most recent fax filing year.

You will need to come up with 20% down for most traditional commercial apartment deals, and sometimes 25% if you aren't talking to the right banker. 

Next, there is a common misconception that the SBA will finance projects or businesses that are very risky and considered not fundable by traditional lenders because the government can afford to lose money.

Huntsville has traditionally been a cash flow market, though the recent growth may bring more appreciation potential.   

I own 11 properties but they are all local and traditional rentals.

I am aware of the 25% tax Canada imposes on foreigners (it is on non resident Canadians as well).I was hoping to do buy & hold in the USA, but I was not aware of the 30% tax - that is not very nice :(Ideally I would love to finance and use some leverage, maybe 50% LTV or something... whatever it would take to get 'traditional' financing from a US bank or some type of US lender.If I setup a us company, is that considered somehow 'foreign' if the owner was not American like a foreign person or foreign company?

.- Property boasts 14 acre lake- 3/4 acre swimming area with platform and waterslide- Pavillion-Water and electric to 65 sites now --much room for additional sites-2 bath houses..one with showers4- bedroom farmhouse1- Country Style Retail storeCurrently operating 5 months/ present owners seeking approval for year round operation..Current owners feel that marketing outside the traditional campground guidelines -- organizations interested can still operate under campground status while implementing ( the buying organization ) its message/lifestyle...** Option 1-- Property could be bought with mineral rights ( property sits atop natural gas reserve...not yet developed...residual income once NYS approves ..Marcellus Shale Country...

Similar prices to Philly but you would be able to go traditional financing or Cash.