Having watched many prior co-workers get paid, cash their check at the casino, and promptly deposit it all into a slot machine I can tell you with pretty good certainty that casinos don't have a positive effect on disposable income and good use of the existing income in the area surrounding :)Are there solid local employers OTHER than the casino in a 15-minute drive? 

If you rented this home and it was putting $3K positive cashflow yearly in your pocket, the returns would be 3/4=7%.  

The positive is you can get them out with 60 day notice so 60 day escrow would allow the unit to be delivered vacant (assuming zero issues terminating the rental)good luck 

A magistrate is the lowest level judge who deals with landlord/tenant and small claims cases but they don't even need to be a lawyer to get that position. 

I recognize this is not the sole source of return, but the other sources have their return increase with smaller equity position. 

Are they part of the pref equity position?

Given your stated position of things, assumptions of skills and network, I'd say your best path is a totally different one. 

@Bryant Xavier I have had the same fear about scewd numbers, so I love the idea of reaching out to hosts in similar positions.

In many cases, whatever weakness got them in that position (lack of focus, lack of drive, failure to take responsibility for their destiny, etc.) will also make it difficult for them to succeed in real estate. 

I will assume positive intent here that this is not the experience you intend for your customers.