Overall not horrible but quite a few issues:
- One side of the big panel had small missing/scraped paint section
- Top house had 3 mismatched bolt holes that couldn't be fixed without using alternate screws.
- Support perpendicular slats for both upper and lower beds seem pretty flimsy (low quality pine maybe?).
- Thin coverage panels on the top house are _very_ flimsily attached (2 or 4 staple-size nails).
- Slide attachment to bed (4 very thin screws) seems decently unsafe.
- Slide is _very_ steep.
- Assembly took 4+ hours even with proper tools. Not necessarily unexpected but pretty hands-on.

With that said, my daughter loves it and it was cheapest vs other vendors so it's a wash overall but make sure you know what you're getting yourself into.