Decent Building for the Price
Pros
The maintenance team kept things very clean, neighbors were respectful
Cons
Constant issues with the A/C and heating units and hot water. Sometimes there was no water at all
Advice to the owners
Make improvements to the plumbing system because the rent is too high to constantly go without water/hot water, AC in the summer and heat in the winter.
Disaster of a management company
Pros
The building itself is fine. Well insulated, thick walls, don't hear much from neighbors.
Cons
1. the management company is a joke. you have to pay a $1000 deposit to move in. it took them almost 2 months for me to receive this back (was supposed to receive it in less than 14 days). They force you to use autopay and then double charge you for your rent, resulting in over $7,000 withdrawn from your checking account. The water is constantly being shut off (It has happened over 10 times in a year of living here) for "maintenance" but it never seems to be fixed, and when it is turned back on the water is brown for hours with little to no water pressure. 2. the maintenance is a joke. I moved in and there was damage to the floors, doors, etc. 11 months later an it still is not fixed, and I have a feeling I'll end up being the one charged for damages even though it was the previous tenant. We had a leak in our unit and it took them 3-4 days to fix the issue causing the leak.
Advice to the owners
sell the building and let someone else manage it.