With the numerous investors on this forum they have done this to, it is probably just the tip of the iceberg. 

The investor “gave up” after numerous attempts to sell the lot or get a “refund” from the county proved unsuccessful.  

Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often. 

How do you determine a reasonable target return?

Now, your post also stated Dayton, Ohio - any reason why you want to invest elsewhere?  

I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.

BUT, let’s say for personal reasons you want to “stretch” for faster wealth accumulation.  

In New Jersey, there are numerous brokerages to chose from, and I highly suggest you do a google search and look into 100% virtual real estate brokerages in New Jersey. 

Hi Eilzabeth, I've successfully evicted numerous tenants in Union County.

This is going to vary significantly depending on numerous factors.Always happy to connect