I’d also look into seeing if it can used for local events such as a food festival, cultural festival, holiday celebrations, etc.

Due to trade war, there is significant less Chinese investment in the US. 

They have a great culture. 

Ray Dalio is one of the few guys I follow - he built the world's largest hedge fund Bridgewater and wrote one of my favorite books: Principles.This week he commented on the US-Chinese trade issues and the devaluation of the Yuan.

I keep hearing about Chinese investors and people all over the world looking for deals like this.

The other way is to partner with someone with the track record and when you do, raising capital is easier.Here's the post I wrote about how I raised capital from Chinese investors and my recent trip to China:https://www.biggerpockets.com/forums/432/topics/738518-how-to-raise-private-capital-experience-with-chinese-investors

RDU and Charlotte are the largest cities in NC and have the most cultural happenings other than Asheville. 

I lost everything and I lost my money and learned on my dime, not on someone else's.Read this post I wrote about raising capital with Chinese investors:https://www.biggerpockets.com/forums/432/topics/738518-how-to-raise-private-capital-experience-with-chinese-investors

I'd look at the edges around the Detroit Shoreway area, edges around Ohio City, Tremont; anything in Old Brooklyn - also anything close to University Circle (Cleveland Clinic, University Hospitals, Case Western - major cultural hub + employment center).  

Failures are probably based on unreasonable expectations as far as the timeline, we are an instant gratification culture.