You get what you pay for
Pros
Location, price, that's it honestly
Cons
Crazy upstairs neighbor, mice, windows suck with no privacy (landlord has peeped through twice :s ), appliances are old and not updated and you have to bother him constantly to fix it, pipes suck, etc etc. The entire apartment is run down and the ceiling lights are like insane asylum light panels taped to the ceiling.
Advice to the owners
Jeez
Nightmarish
Pros
Cheapest building in the neighborhood.
Cons
Living here was a nightmare. The building is filthy. Constant bugs. Toxic mold. The basement floor unit floods & is not fire safe. Inconsistent heating. Scalding water. Front door sticks, locking people inside the building. Only takes rent via check, which he picks up at an indeterminate time and with no notice. Landlord is aggressive & standoffish & refuses most maintenance requests.
Advice to the owners
You should not be a landlord