Massive rent increases
Pros
Conveniently located. Units are quiet and well sized. No pest issues.
Cons
Rent increases of 8%+ or more. High tenant turnover. Unresponsive management team and Superintendent. Can't be reached by phone or email.
Advice to the owners
Respond to your tenants.
Good Ole Nelson
Pros
Building is in a great area and has a working elevator
Cons
Management is terrible and rent hikes are steep - 200 + a month and no heat in the winter. Leaks, no heat and no response. Good luck Oh, and you are probably living in a Good Cause Unit but they won't inform you and will try to increase your rent by 24%