Bugs, bugs, bugs
Pros
Relatively inexpensive, but pretty bad overall
Cons
Bugs: coming out of the walls, from under the door, up the drains, from the heat pipes, from the neighbors... Management operates like actual slum lords, including harassing elder tenants Every part gets "the landlord special" and if you can't fix it yourself, or are pretty handy, don't expect a smooth experience
Advice to the owners
Just fix the building already
Stinky and Loud
Pros
Good community of people live here
Cons
Stinky, loud, dirty