Has it's pros & cons
Pros
Rent is cheap. On the first floor, at least, the walls are not thin & really didn't hear upstairs neighbors. People on block have lived her for a long time and there is a sense of real community.
Cons
The block is crazy loud in the summer. Be prepared to be up till 4 or 5 AM. Even in the fall and spring people are outside talking loud or playing music at like 8 AM on the weekends. Management is practically unresponsive. However, as of this update I think the management company has changed.
Advice to the owners
Maintain the building properly. Get rid of the rat problem outside. The whole block is being overrun by rats. Get a better management company and better contractors.