Am I off base in that assumption?)

One potential word of caution: I asked ChatGPT to compute the IRR of a fund based on certain criteria (which is normally alot of work), and it spit it out instantly with a ton of analysis and which all looked and sounded super impressive.

Since your'e PMA requires 2 months' notice, I would take some time (sooner than later) with them to see if they can explain to you why there is no interest in your property based on their experience.

suggest you start with Dave Ramsey principals ... then move out from there.there is some big huge fallacy  that Real estate is going to let you quit your job and your going to have all this time for the kiddos etc.this will never happen in the short term with rental property.. you build a nice base for retirement in 30 plus years for sure.. but for short term replace your income and have all this free time you need to make transactional income with big hits.. your not going to get their with 200 to 300 a month cash flow on a levered up rental . 

(based on the tone of your question, I'm gonna assume you are the ladder case). 

As I was working on their taxes, I noticed that cost segregation was based on $180k worth of renovations while the total rehab cost was $310k.

I am fourth generation for a family owned management/development/consulting company based in Southern California but I am in Idaho for college around 9 months out of the year.

At this rate we are also decoupling from fundamentals and eventually will be overpriced.Yeah Alberta (especially Calgary) is on its way to becoming the same craziness that Ontario and BC are as well.I think prices will go up but I highly doubt it'll get as crazy as Ontario and BC just because we have so much land to build on.

I'm based in Seattle and I purchased them all remotely.

Here is how I see it:Private Money Lenders:Companies: These companies give loans based on the value of the property and the borrower's financial situation.Individuals: Wealthy individuals usually care most about the property and the borrower's experience.