What is the function of age, structural defects, community, population, etc. on the cap rate?

In today's age of information, you can find actionable intel online for free (or cheap, like on a $50-200/month budget) more than you can digest and act on it.The only time a guruship might make sense is if you meet these conditions:1.

The age of the housing stock coupled with the inexperience of a student tenant might make it difficult to keep up with maintenance without a strong property manager.

Moore - Given the age, the items you mentioned should be expected. 

In this day and age, i dont just rely on the app and background checks, i go after their social as well.

This can tell me a lot about the age of the plumbing, roof, HVAC, etc before actually walking it.

@Norberto Murillo Jr, If you can stomache the current cash flow now you will be far better off rather than refinancing to a higher interest just to get a lower payment.right now those loans are paying off quickly because of the age of the loan and the amortization of it. 

. ^^^^^^^^^^^^^^ This right here ^^^^^^^^^^^^^^^^^^^^^^^^^^^^Yes it takes a long time, the average age someone buys a home is now in their 30's. 

@Steve Vaughan when I look back at the time I did it, I was at the age of modern day Gen Zers ...

Also keep in mind the age and infrastructure charges associated with a property.