Short Term rentals in Niagara Falls, NY

[Asad Halai]

Have been eyeing Niagara Falls, NY for a while. Prices are very cheap, and city has not shown too many signs of getting up from the past. The downtown area near the casino, falls is located in one of the most scenic areas in US, but almost a ghetto. I want to try and pick up a property (SF) in the casino, falls, border area and do AirBnB. Property prices are 40-50 and probably to cost to dress them up is another 10K. Does anyone have any experience with this, my issue is I am not too sure if I can find co-hosts to manage the place. The two other people I approached shut me down and not a lot doing it. 
My reasoning with AirBnB is to target tourists (8.5 million supposedly go through the city each year). The local population is still on a decline... Any advice, help would be appreciated.