By any means, highlight the best features of the property but acknowledge if there is something obviously wrong with the property.
Honesty, in the long run, will save you hassle and time: why create false expectations and waste your time with the wrong candidates? You might get a big number of viewings but, at the end of the day, you only need one buyer: the right one for the place.
And this seems to be the motto of this Australian guy trying to find a flat mate. We just love the wit and honesty of his ad posted on Sydney’s Gumtree earlier this month: ‘Crap house. Great location and view.’ No beating around the bush!