Companies wanting to set up new operations will not choose high-crime cities.

., while John has a lot more experience than I do, and no real estate investor wants to be a restaurant operator, there are some upsides to Option 1, as I see it.The lower base rent could allow the Option 1 tenant to remain open throughout a recession, while option 2 may decide to close down the sales drop, if rent is too high.But beyond that, are a lot of factors that I would assess:Who is the actual guarantor on each lease?  

You might not be able to get the full amount you were wanting back in the cash out, but I am willing to bet you could get something if you own it outright. 

In my case, I just purchased my first out-of-state property and plan to operate it as a STR. 

Currently I’m operating it as a STR, but I need a new cleaner and the quotes I’m getting are in some cases double my nightly rate, and the amount it grosses is only slightly more than what it will do as a LTR.

One for security deposit and one for operating/rental.

The best wholesalers operate ethically and understand the business.

If I am looking at a operating STR, I know where to make changes and opportunities.

Bet you don't refund them when they fail, do you?

Most of the regs prohibit it within the city, so I would check and see if the area you are looking allow it.Your best bet is to look at the markets on VRBO and AirBNB and see what is out there right now.