It might indicate if it's an absentee owner or somebody out of state.

Online I did see a 3 reviews on yelp indicating they had some issues with Tecsun honoring  the warranty.

When March rolls around, I'd send a notice out indicating that to preserve their current rental cost, they would have to sign/renew their lease for the next school year prior to a specific deadline (like April 1).

This is a significant indicator of a shift from the strong seller's market that we've been having for the past few years, shifting back towards a buyer's market.

So they just send out a terse announcement with no warning, lead up, or any previous indication of problems, that dividends or payouts will be suspended until further notice.  

Your point about cap rate being more of a market sentiment indicator than an absolute rule makes a lot of sense.I’m going to dive into those articles you shared, but one thing I’m trying to wrap my head around is how you practically compare “like-kind” assets when you’re evaluating an area you don’t know well yet.

So with 24 tenants, $130/month would indicate that each apartment is doing a full load only 1.35 times each month.  

Also, places with major employers, strong school districts, or local government support for development tend to perform well over time.The biggest factors I consider are economic indicators, quality-of-life improvements, and whether the area is attracting young professionals or families.

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

That's the first indicator, of a few, and why this post saying it's like 2010 is off rate.