Woodland Park is an excellent choice for first time or seasoned investors because there is a high demand for rental properties and an immediate shortage of rental properties. There is a current ‘catch up’ need for additional housing in general estimated at around 320 units in Woodland Park. This is further compounded with additional growth in demand for housing projected over the next 10 years of 1473 units based on current growth rates (source: Teller County Housing Needs Assessment –draft July 2015 sometimes referred to as the ‘Bridge Report’). A major contributing factor is the building and expansion of Charis Bible College which will alone add at least 250 renter households between 2015 and 2020 as students are here for 2 years and tend not to buy (source: Market Study prior 2015). This emerging market is a low risk and safe option for investors looking for a long term monthly return on their investment in high demand market.