Own a condo - taxes

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Hello,

I am a Canadian moving to the US in the next few months. I purchased a condo several years ago and have been living in it since. When I purchased the condo, I put down more than 20%, I believe this allows me to use it as an investment?

There are 2 choices that I'm looking at:

1) Rent it out and have a family member act as my property manager since I will be out of town most of the time. I will be returning once a month, minimum, but for emergencies, they have agreed to be my point of contact. If I rent it out, I will be cash flow positive about $400-500/month (depending if I keep it furnished or not).

2) My brother recently graduated university and works at an entry-level position in the healthcare industry. He makes about $50,000. I want to help him out but I know he cannot afford the mortgage in full this year. He will be able to do so in a year from now, when he graduates his entry program and becomes full-time. Since my husband and I are doing fairly well, we have agreed to subsidize part of the mortgage ($300-$500/month) and for my brother to pay for the remainder + utilities. He would technically be a 'tenant' and I would assume it wouldn't be much different than option 1, other than I am also still paying for a part of the mortgage? Would you recommend that I put my brother on the title? We have no plans to move back to Canada anytime soon, but I view my condo as a gift I can give my younger brother and to help him build his assets.

Thanks!