I think your advice is sound, but without knowing the op tolerance to risk is, and the rewards he wants, I think your response is strong. reading between the lines of the original post I think you are correct, but still rei is better than the casino.

Major casino nearby with no real housing much between Denton and the casino. 

So other states with different laws on deficiencies get to pay for people in casino property states when people strategically default.

I'm not bringing it up to boast, but those who have business experience outside that preached by some guru program will be able to succeed in real estate.

All apartments are currently leased and in the neighboring area (within 2 miles) they are about to start construction on the first non-indian owned casino here in upstate NY.

With each market, there are certain areas which boasts better returns than others.  

Also boasting extensive experience like the 8 year tiling veteran complaining that the tile was too heavy. 

You can't boast increasing rents 3% a year for 30 years if your insurance and roof and HVAC and so on all cost 3% more per year.

There are other stable industries there though including a major university and college, regional hospital, casino and shipping.

Large venues like concerts, conventions, theme parks, casinos, weddings, etc. will all be hit for the rest of 2020.