I'm  posting this in Indianapolis but it could apply to any college/university town.

Syracuse is a great area for multi families as there are multiple universities and hospitals so there is an abundance of them.

You can get very good property for the money, and in Lubbock we do not rely on energy, but mainly have a medical HUD and Texas Tech University which will always drive traffic and bring people to this area.

Wife has a masters in engineering, son is a junior at Florida State University studying to be a Material Chemist, and our daughter is sixteen in attending college full-time.

Hi,I am a physician employed at a university hospital with W2 income.

Home to The Ohio State University with nearly 60,000 students, 5 Fortune 500 companies, over +25% population change since 2000, and the 2016 smart city challenge award winner (https://www.columbus.gov/smartcity/).

There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factors influencing a good cap rate include:/ Property location/ Building condition/ Asset type (class A, B, C)/ Overall real estate market dynamicsTaking these into account helps set realistic cap rate expectations, but historically, rates between 4-10% are often seen as solid.Of course, a “good” cap rate for you might fall outside that range based on your investing goals and the specific property/market, so don’t get hung up on chasing a specific cap rate number.What is a good cap rate for your market?

It is a large town with a university. 

I studied business administration at American University and took a lot of courses related to finance/investing.

Bigger Pockets has a few calculators you can plug in relevant info into to calculate ROI, and other metrics of a property you're analyzing.The right decision or good deal are not always universal.