You need more eyes on this property (including yourself) to get a better picture of why the quote is so high.

As mentioned before quality of life is what's most important to me.

If you want something more turnkey and very low price points, then you are looking at markets like Memphis where there is high crime.

I made a deal with two highly motivated sellers, they're ready to go. 

Where I'm at in Navarre (In between Destin and Pensacola) the short term market is highly saturated. 

.- Smaller properties are usually easier to off-load (more liquid) because our society is seeing very high levels of migration (people travelling or moving for work constantly) / people less inclined to partner / have families / people more focused on work / and pied-a-terre concept.- Condos are much easier to maintain internally than larger homes.- Condos are easier to manage as Air B&B than larger homes.- In the case of multi-family properties, sharing a home with two or three other families where everyone knows everyone can create issues if they don't get along as the close proximity doesn't allow for any privacy.Happy to connect with you and speak in more detail if you are interested in Massachusetts!

Based on what I see - I'm not looking to do STR in the High Desert right now.

With the recent appreciation, it made sense to refi back to a highly leveraged position and redeploy that capital to where it can produce higher return than it was achieving trapped in a property which was reducing the leverage.  

Has anyone had a difficult time with properties in high-crime areas?

Extremely impressed with his knowledge and highly recommend looking into working with him.