That seems more than just a RE investment: To me, the casino aspect of the investment would require specialized expertise (knowledge and individuals in place to make sure the business is a success) that seems to be a greater risk than the RE side of the deal.

Although we don't specialize in buy/flip/sell, we do manage over 1K rentals here in the Central Indy market. 

It was previously owned by a husband and wife, the husband being active duty military since mid 2000s. 

There are some special assessments coming up, and I've heard that some of the neighbors have been dropped by their home insurance providers and are struggling to find affordable home insurance in SD. 

I'm a wholesaler new to Las Cruces and learning more about the city everyday.The military and college student presence in Las Cruces is strong.There is a ton of small multifamily properties (for the size of the city)I'm very optimistic about this market.

Finding lenders and mortgage brokers that specialize in DSCR loans will help with getting better terms as they have investors comfortably buying these loans after the loans fund which helps replenish the lenders cash for more loans to investors.

Some resources to find wholesalers include:- Discover Wholesale Houses, which specializes in finding discounted properties for investors in Columbus- Local real estate investing Facebook groups- Websites like HouseCashin that list wholesale companies in Columbus3.

It is very very hard to make an NOI of $2000 every month or an average NOI, when your general occupancy trend is like weekends and long weekends because Poconos is not where USA travels, it is basically people from close by cities of NJ, NY, PA travel here.I am not saying it is not the place to invest but if you are looking for cashflow with a 20% down with current mortgage rate, I would run my numbers very carefully.I did not touch on HOA, township licensing and restrictions specially 2 people max per bedroom and Pocono Promise :P

I specialize in STRs. 

@Paul NovakI recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.