Why is finding a niche so tough?
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Is this something that is defined by some "niche guru" out there that knows something that you don't about whether or not you are going to make a niche profitable? No.
ANY niche can be profitable, because you make it profitable!
I have created a video that will walk you through the process of "How to Find a Profitable Niche".
Would I enter the "model air plane" niche simply because it was profitable? No, because I don't know the first thing about them and frankly I have no interest in writing about, talking about, or creating a business around this niche. If you love them though, this could be your niche.
Choose something you enjoy and that something can and will become profitable with some effort.
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I guess the key is to make sure that you choose a niche that you are familiar with and enjoy.