My fiancee and I stayed at the Melis Pansiyon for five nights, and we were very pleased with it on the whole! The rooms are small and the amenities fairly basic, but the staff were friendly, efficient, and they kept the rooms very clean and comfortable for us throughout our stay. So if you're looking for a luxury resort, this probably isn't the place for you, but if you want a clean, safe, and centrally-located spot from which to explore Bodrum and the surrounding area, it'd be hard to do better than the Melis Pansiyon!
Prós: Although their English was minimal, the staff were very friendly eager to please. And despite the language barrier, they were very helpful when we needed advice about how to get around!
Contras: While the hotel's central location was convenient, the only downside to that was the noise from the street below our window (mostly the drone of mopeds flying around at all hours.)