There were some red flags during the acquisition process but their PM team has proven to be flat out mediocre. 

While a low fund isn't an automatic red flag, it's definitely something to look deeper into.

Tax-saving strategies include primary residence exclusion, depreciation, Opportunity Zones, and business structures.Good luck!

If you want to keep them, make sure they are 100% honest about their intent, check zoning to verify they are allowed in that area, charge them market rate, and confirm they are insured to protect you and the property. 

Get out of your comfort zone.

Every unit is safe and would pass inspection, I'm just getting screwed by government red tape..

We did not purchase lots in flood zones so flood insurance was not a requirement. 

We have seen this from multiple STR owners (residentially zoned) who have had to sell and their STR sits on the market for months, maybe years, because investors don't want it and potential homeowners can't afford it. 

Exclusively north of Red Deer and into parts of Sask as well.  

You need to find an attorney to draft the condo docs, but of course you have to check zoning requirements to make sure the cpr as you envision is even possible.