If you're not satisfied, you can cancel the contract.I highly recommend doing this, as it provides an easy out. 

@Michael LeBlanc, it's 100% unnecessary to open an LLC on a house hack.If you want protection, ask your home insurance provider about an umbrella policy.

While I don't know your personal capabilities or background, the objective should not be to merely purchase real estate, it should be to execute on an opportunity where you do right by your capital providers. 

And comparing Worcester to other cities of similar size, (Hartford, Springfield, Providence) and even smaller cities (Lawrence, Fall River, New Bedford, Brockton) you will see that overall crime rates are low. 

  - I couldn't confirm any of the phone #'s provided. 

If the seller provides access to management and you understand the risks (credit losses from slow/no pay tenants, major repairs on move-out, etc) tied to that high cap rate then go for it.  

You can use one of the many third party payment providers or have your banker at BofA give you access to ACH debit and you can draft their accounts yourself.

Local credit unions or banks could provide funding that is more suited to your requirements and have a greater grasp of the community.Understand the local construction codes, zoning laws, and any other rules that can affect your ability to make improvements or rent out the property.Make sure your escape plan is well-defined.

Do they provide audit protection?

This strategy provides steady cash flow and potential property appreciation over time.Fix and Flip:Acquire distressed properties, renovate or "flip" them, and sell at a higher price.