Currently this owner is operating at a loss (they gave a spreadsheet of the financials) and I did some more digging and this seems to be a retiree that may just not have any interest in running this anymore. 

Not only do you have a university in Wolfville, but you have a large demographic of retirees selling their city homes and moving to the valley.

Temperature is cooler in the summer than sw FL.Fort Myers / Naples is less expensive, more retirees, small town vibe, hot and humid in the summer.Both areas are great for vacation rentals.

I live in the Scotia, NY area and I am a retiree with a disability looking to get into the Real Estate marketplace in my area. 

(military isn't bad, but new leases every year or so from what I've heard and very few casino workers as the closest one to yucca valley is 29 palms)I have found the area to be very misunderstood - as people driving by assume meth labs, sex offenders and neonazis  ---  when instead you find millionaire horse/animal lovers, older retirees who feel like they have found shangri-la, and an increasing amount of younger LGBT creative folks re-creating identity in the serenity of the desert. also, $15/hr minimum wage law is underway - going up $1 a year until $15 in 2020. 

These are mainly for retirees, high income earner doctor's or corp execs to park money, or owners that have sold off businesses.

Hubby is military retiree and we have several rentals. 

At that time Tucson was a mix between a college town and a place for retirees to visit in the winter months.

I've been told that a lot of retirees are moving there?  

We're in an aging situation now when many retirees in their middle sixties are still caring for their ninety-year-old parents.