I am just concerned that with students, there is a cap to what the parents are wiling to spend and it might not justify the improvments.Does anyone have experience investing in Troy (or elsewhere in the Capitol region? 

If they want assurances and you want to give them write a cap % in for a renewal increase. 

In Wheat Ridge, there's no limit on STR nights, but you can only own one and there's a cap on STRs per council district.

Hi Brandon, I am looking for a capable property management firm in Little Rock to take over management of 34 units.

Typically, apartments ARV is estimated based on a cap rate.

@loganhassingerWould you say that it is too small for a CAP Rate to be relevant?

They limited the percentage of the community that can be rented (20%), set a 1 year restriction (wait period) on renting after home purchase, set a maximum lease term of 1 year with HOA approval required for renewal, and set a cap of 3 rental homes per owner (or 2 if you own a primary residence there too).

I guess I should also ask, does anyone else use a CAP rate calc to determine value?

First is the city, which has a cap on STRs in place (and I'm 99% sure they're at max capacity) and the second is the county which as of right now, hasn't established a cap (although they keep threatening to put one in) so you want to make sure you know which one the property lands in. 

Children in impoverished nations, with no access to a classroom or even a capable teacher, are now able to get a first world education.