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You can skim coat plaster, but it’s better to repair the plaster itself. A skim coat is a thin coat of drywall joint compound spread over the surface of a wall. The result is a flat finish that looks pleasing, but part of the appeal of plaster is its imperfections and aesthetic. Skim coating is best when limited to drywall applications.

While certain types of textured walls can seem dated (looking at you, popcorn), textured walls are a common sight in both older and more modern homes. The main reason textured walls may be here to stay is that they are an excellent way to hide minor imperfections on a wall and give it a finished appearance. Some homeowners think a coat of paint on drywall is a bit industrial-looking. However, that look works perfectly in modern home design. 

If your home’s foundation shifts slightly over time, any seams in the drywall represent the weakest point in the wall, leading to cracks. If your home has significant changes in temperature and humidity, this can cause the drywall to swell and contract slightly, causing a crack at the weak point of the seam. If your drywall installer did a poor job securing the panels to the wall studs, this could cause a weak layout and cracks in the seams.

A common cause of separation between a wall and the ceiling is truss lift—this can happen to the ceiling of rooms directly under the attic when the seasons change and wood building materials dry out, shrink, and shift. Roof trusses often dry out at different speeds, and if the bottom pieces dry out faster than the top pieces, they can shrink and pull the attached drywall away from ceilings and walls, causing cracks. Fortunately, truss lift is only a cosmetic problem, not a structural problem, and you can fix it by separating the ceiling drywall from the roof trusses, and patching the cracks.