It is a very challenging market for many Loan Officers and Brokers.

Check out other online guides available here: https://www.biggerpockets.com/guides3.

@Srikant PuvvadaI wish I could answer this question directly, but cap rates are highly dependent on the market and asset type.

https://www.biggerpockets.com/blog/best-college-markets-for-...We cover this and more in our weekly BiggerStays newsletter, which is for all things STR.

Plus we get a lot of people moving here from out of market and when coming from Chicago, New York, or Los Angeles, it looks like everything is on sale here comparatively speaking. 

Especially now that guests have a lot of options in most markets.We used to have it off when it was a lopsided market but now it is more competitive you need to remove as many barriers to renting as possible. 

My company has discovered a niche and under valued market in Cape Breton, Nova Scotia.

What's the best exit strategy in Colorado market?

That experience pushed me to grow, learn, and ultimately do what I’m doing today—helping others create successful off-market real estate strategies.

It is much easier to use their online business account application and just put my name there as the indirect account owner, and put in the 401K's EIN instead of the LLC's EIN.