Assessors know who the pita's are, those same assessors have to sit on the board and answer every appeal.

No it was just like $10k.I overpay for rehab for $15k, House sit on the market for 4 months. 

They buy properties, do not know the area put substandard upgrades in the property then sell them for market value or try to and the property sits for a long time.

You missed an important item: Depending on how a person does #1 or #2, it could get them: A fast-pass to the "Principles Office" for "bullying" and now there sitting in "detention".... 

I would be buying into a sellers market in almost any Albertan city.Alberta also worries me as it is known to be super volatile for short periods of time and then sit dormant for up to a decade. 

I'm hesitant to sit on investor capital with no where to deploy it, so we are just going to wait out the market and crank up the capital raise process when the timing is right. 

A purchase you made in 2020 or 2022 would not really be thought of as a BRRRR because I'm guessing those units have been rented since then and were not just sitting vacant with you paying on those mortgages.

The two countries may seem similar, but they are so different and I say that with my sister's family (who are American) sitting in the same room as me right now.For housing, I can't think of many Canadian cities where you can buy a house under $100K (or even $200K).

Reality is most of us who make it long term work our butts off in a W2, save as much as possible and build it over time -- When I see people want 10 properties in one year with no money down - I question how realistic that is, of course anything can be done but is that even the right play unless your sitting on $2-$3M in cash?

I always plan to have 6 months of holding costs available, for after I finish the flip, just in case I missed the market.If a lot of houses are sitting on the market for a long time, (can't sell) I'd definitely avoid it.