Run down building with a fresh coat of paint
Pros
Next to public transportation, has a courtyard for trash, supers are very nice
Cons
Advertised as renovated but all they did was put in some kitchen cabinets. The appliances leak, the kitchen drain backs up and floods the counter, hot water randomly disappears, bathroom tiles are coming off the floor, central air doesn't work, they charge a convenience fee to pay rent by direct deposit, laundry room is expensive.
Advice to the owners
Stop trying to fix buildings and renovate after you move people in.