Generally speaking, the 2.8L V6 in an S10 *is not* known for exceptional towing capacity. It's adequate for lighter loads, like small trailers or a jet ski, but it will struggle with anything heavy or sizable. You'd be severely limiting yourself compared to trucks with larger engines.
To know for sure, you must consult the owner's manual for the *specific year and model* of the S10 you're interested in. The towing capacity will be clearly stated there. Don't rely on general assumptions.