I think if most can survive another 12-18 months, you'll be in good shape, and maybe if the deal can last 2-5 more years, you'll be in fantastic shape. 

It was bank owned and in terrible shape, we've owned it for 5 years and it's currently 85% occupied and making money.

Ping me if you're personally interested to help shape it or reply if you have features/capabilities you would love to see.

We knew it was a great deal but with bad pictures and being in rough shape we made a quick offer slightly above list price, limited inspection and quick close and included a quick acceptance deadline so we others couldn't see the great deal we were seeing and they accepted!

It depends on how deep is your knowledge, your experience, your willingness to invest in automation technology, always having a backup or two, your location in the community around you, of your property is in pristine or run down shape, whether you use the cheapest appliances or make things complicated or not,You didn't mention whether self-managed whether you mean you are on location or remote.

This 4plex is in a class C or D neighborhood (not exactly sure which) but my realtor and I saw the potential in it due to the cash flow/COC numbers we calculated and the fact it had a ton of work done to it in 2017 to get it to decent shape (all new electrical, furnaces, HWHs, renovated apartments, new roof, all doors and windows, etc.) 

No surprise, but most lenders won’t touch a DIL.On the other hand, some lenders also flip houses or hold properties, so if the home is in good shape with equity or the potential to drive equity, they could be interested in owning it.

I live in a fairly expensive community , sought after , houses are late 1960's .Price range non waterfront $650K to $750K in good shape .

This means, the property is in great shape, (do to inspections) and guaranteed rent.   

Good shape or bad shape?