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.

[Ryan Greene]

@Asad Halai I like the idea of Airbnb by casino I think it will do well. But I’m not sure any new mayor can change the falls. For whatever reason it’s always been a crazy area 103.3 the edge talks about it a lot for a reason. But I think if you run the numbers you could do well with short term rentals. Also I know it’s a lot further but have you looked into Ellicottville ny area? I manage a home 10 min from holiday valley that rents for $1,400 monthly. I think it could do way better short term rental air Bnb tho, maybe look into that? Also I live in buffalo and have commercial and residential plumbing experience, I’m looking for investors that need my skills and experience.