My local market has a cap on the number of licenses they will grant, 225 total units, and only one STR per block face, the waiting list is about 2 to 3 years long.

Cap rate is determined by the market, overstood!

Be sure to use chimney caps to prevent burning debris from getting out and animals/weather from getting in.When using the fireplace as a heat source, the chimney requires more frequent cleaning and your risk of misuse increases.

The age and the cap x expenses scared me on this one.  

When you buy and depreciate the vehicle, I believe there is a cap on what the IRS lets you depreciate....but if you write off your lease payments I do not believe there is a cap. 

You probably wouldn't like my "hood" back in the 80s but now tears-downs are $900K+, as Manhattan cap rates fell.Put feet on the ground and stop watching Fox News.

Some put a cap on the amount of security deposit you can collect and whether or not you can collect last month's rent.One reason we don't collect last month's rent has to do with the confusion it causes when it is indeed time for the tenant to move-out.

With New York capping the amount that we can charge tenants for a credit/backgroung check at $20, what is everyone using for these reports?

Cap rate of 10%.3.

We do a ton of work to find off-market deals that are cash-flow monsters, and reasonable CAP rates.