From a cap rate perspective, its a terrible investment.I bought the place many years ago. 

Using a cap rate calculation along with an estimate of operating expenses (30% operating expense margin as a soft rule of thumb), we estimate the building will be appraised at around $1.45M to $1.5M.

Your NOI at a cap rate puts you at around $1.6m-$1.7m, but if you look at a gross rent multiplier, it's much lower.

Not the answer I think you were hoping for, but I believe that to be the reality.More investors in the market = more demand = higher prices (and thus, lower cap rates)Think of a cap rate like a bell curve.

The registry will list how much the landlord is charging for rent, the size of the rental and how many rooms it has, plus contact info for landlords.They put a cap on late fees and that residents will get more notice before they can be evicted.

I've worked too hard to get my credit back to good standing over the last decade I don't want to ruin it because I'm shopping around for the best deal.Another few articles I've read say you can only really vet up to 3 lenders, so that puts a cap on it I guess, but that's still 3 hits to your credit score even 3 soft pulls gotta bring your credit down a handful of points. 

Doesn't assume a Cap rate, but give potential "range" of value.

Is there a CAP on capital gains?

Honestly don’t have a cap..

Use a CAP rate appropriate for the area and re-value your property based on the improved NOI.