It can be a negative factor if there's increased traffic/noise or if it blocks off a view. 

They want someone with eyes and ears onsite for you because you being that far away how do you know the work is being correctly performed?

Apparently, James walked over to measure the noise level and discovered Steve’s door was cracked open.

It erases all of the noise.

I only had a real problem 1 time during those 25 years when I ended up with a full house (22 guests) and two of the rooms were from a different culture that stayed up late into the night and ended up annoying the other guests stomping around and making noise.

No I didn't hear someone say this was said I heard it with my own ears, it was just ignored at the time just as Bidens statements on rent controls were ignored. 

For example, if your renters are making noise that any neighbor considers to be a "disturbance" (literally that's the word they use in the bill), the police will be called and if there are 3 verified disturbances, you will loose your ability to rent the STR for 2 years. 

I'm all ears.

Unless you have your taxes sitting on their doorstep 60 days before the filing deadline and make some noise about, “I expect for my taxes to be ready before the deadline”,  they probably won’t be.  

St, Mary's strip you will likely have parking issues, noise issues, and late night meanderers.