The opposite is my observation for the bust times.

I have been informed and can observe that the roof and exterior has been updated recently.  

Does a crack running across a concrete floor, for example, align with any structural distress you observed in the exterior walls?

Double source income families are buying in safe areas in good school districts and family-friendly communities.This is just a theory I have from observing the market, which may be a whole bunch of nothing.

Since we moved to en suite laundry we have observed the following:utilities are in the hands of the tenants;machines suffer less vandalism and, if damage does occur, we know who is responsible;we can charge $30 - $50 more rent per month for the convenience.We supply the laundry units principally because it a) reduces damage to the building of tenants trying to move their own laundry machines in and out, and b) we can be certain they are installed properly with overflow pans and floor drains.When we started doing this we were told it would be a maintenance nightmare - a refrain often read here on BP - this has not been our experience.  

The document says "Roof Inspection recommended (damage to main support trusses observed)...". 3) The document also states that the HVAC needs to be connected.

Get as involved in that process as you can so you learn how these construction projects go and what all is involved including observing what can go wrong. 

Some of the deals are locked up before they even hit the market based on my observation.

After he retired from the law firm, he still kept all of his rentals and when he passed, they went to his family, who have continues to rent them and continue their ownership legacy.Some people get into real estate to provide for their retirement, so their goal is to keep the real estate not to jettison it.They might turn the management over to somebody else, but since the properties are often debt free there is still a lot of cash generated and with very little or no work, a perfect arrangement for retirement.And then there are the people addicted to real estate, who continue buying real estate longer after there is a need to do that.And from my personal observation more people quit real estate long before they retire.

Watch and observe for the day.