The property was acquired with the long-term vision of capitalizing on the nearby development of a casino, expected to attract workers and residents.

Just to mention a few:- Wynn Casino (First Casino in the GCC states) in Ras al Khaimah- Al Maktoum International Airport (set to become the worlds busiest airport)- Palm Jebel Ali (the second palm bigger and more luxurious)- Expo City (Regions largest exhibition center)Its a lot of information but I believe it gives a simple explanation to the complex market here.Let me know if you would like to know more about the market and if you would need guidance into exploring the possibilities here!

Also the Adelson family of Las Vegas Sands fame have purchased a couple of big parcels with hopes to build a giant casino/convention resort perhaps anchored by the arena for the Mavericks for which they also just purchased majority ownership from Mark Cuban. 

Heck go to the casino and put it on roulette wheel of black or red. 

The local casino just replaced free charging with 50c/kwh (4-10x the home price.) when they figured out people were just leaving their car there to charge while they went home.

QUESTIONABLE- Best Buy over $1,000 (maintenance visit soon after noticed two new TVs and Xbox consoles in kid's bedrooms) POOR CHOICE- Numerous purchases from online women's store selling wigs, "interesting clothing" & such (yes, we looked up the website) POOR CHOICE- Numerous cash withdraws of $400-$500 at Detroit casinos.

People still think it's a junky casino town which is just not the case anymore. 

Another close friend got all this guys bank statements etc and found hundreds of thousands being wired to casinos right after he received wires.  

And I know that the tourism infrastructure (restaurants , activities) has some catching up to do aside from the new casino that is opening up.

If  you are in the 20% range, you are better off going to the casino and putting all of your money on black and seeing what happnes.Since you are out of the area properly calculating cash on cash returns can be difficult because you have variable expenses to calculate.