The new hard rock casino just went in so hopefully more rentals are needed. 

When the batteries in them die, which they frequently will on the exterior entry doors, and your tenant(s) gets locked out, they're SOL until the PM gets there to change the batteries.

In addition to what Justin said in regards to stucco being brittle, it can and frequently does crack from thermal cycles.

I forgot to mention we live about an hour and a half from Sevierville so we would be able to check on the property frequently. 

True, HMLs frequently (perhaps even normally) lend to entities, but most have no issues lending to a person instead of an entity. 

Mentors could also be people you have never met, but frequently watch or read their work online.

I frequently see LLCs sell property to each other for $1 here in Philly.

I tend to buy in mid-to-high end areas and the deals are not as frequent.

This is almost certainly the case and if you are a small investor you should go wherever you can find deals you like.But people frequently overweight your personal situation/opinion and assume it also applies to the majority.

I use oil-based primers and paints on a lot of problem surfaces much more frequently than people working in newer construction.