I have no problem of these bikes and it doesn't look too bad to me. Many bikes that I scored on CL were in similar or maybe a bit better shape

. I usually tear it down, clean different components at a time, wax/buff/elbow grease whatever you want, repack the BB and/or headset, put them back together. You will end up with a very nice, working machine. I am not sure about others, but I enjoy to bring a bad shaped bike back to life. If you have no spare time at all then flip it for $20. Good luck