If you buy in cash, it's fairly straightforward, you buy it and get the utilities and the jurisdiction to mail your utilities + property tax bill to your Canadian address, then you pay it with your US dollar account here. As a Canadian, you can stay in the US for 6 months a year. Or if you are just looking to rent it out, you can hire a property management company down there to take care of everything for you, they then take their cut off the rent.
Some of those houses are selling for car prices up here right now, so I don't think anyone who's looking to buy would be worried about a mortgage anyways. If you can't afford to pay $40K in cash you probably shouldn't buy a house in the US.
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