Does months on the market mean its a bad property?

[Sara Furlong]

We're looking at this four-plex on Saturday. We're looking to buy our first MF home.

It's been for sale by owner, but in the listings for 115 days. I see they've dropped the price twice.

Is this a bad sign? Looking for insight from more experienced buyers!

Also, wondering what kinds of things we should look for when we check it out.

What makes a great investment? What makes a bad one?

Thank you in advance! :)