No trailers, recreational vehicles, boats, etc.Here are some suggestions for fixing the problem.

I have owned a couple and as a recreational "toy" they are fairly expensive, I can't imagine the true cost of keeping one that others are using as "recreation".

@Jeremy Tillotson  8 acres generally is too small to log in the NW.. but I had a 11 acre one time I took 425k of timber off net to me.. so it possible but not probable unless your in the business and really know what your doing.8 acres for 20k in the NW is probably pretty remote... just guessing but it would most likely be remote .. and recreation would be the thing its for personal use not investment or anything like that.

I hope you keep in mind that us newbies are likely just in "awe" of you guys and want to emulate what you have done (we don't want to recreate a wheel you all have shown us works). 

With a garden cleanup, it will show well from the curb.Perfect for either a rental with excellent cashflow, owner-occupied or, with summer lake recreation and winter snow skiing nearby, even AirBnB.

:o) There are three types of appraisals:1) The Replacement Value, Comparables; if you've bought a home then this is what was used.2) The Cost Approach; what it would take to recreate another just like it3) The Income Capitalization approach;  used for income producing properties, based upon NOIUsing a GRM of 10, the value is typically calculated at NOI * GRM and this is a good FMV target.Run an amortized rate table at a fixed rate and varying financed  amounts will show trivial differences in PITI - - until there is a massive change.

Re: creative strategies, one of them is a Master Lease.

I lived there many years ago and it's a college/recreational town.

I have rest and recreation planned, but a prospective commercial tenant wants to negotiate a lease and move in fast.  

To qualify, it is a quiet elderly community with grand old trees, full hedges, lots of greenery, good lot privacy, community pool, recreation area, and hardly a person in sight of the 100 or so units placed throughout the meandering network of roads.The unit is a '61 Travelite single wide, probably 10', maybe 12', with tongue removed, skirting, attached screened porch on slab, added on master bedroom, clean and bright finish with good lighting inside.