@Lee Bailey, don't you think that makes sense?

This creates access to capital.Potential benefits that I can think of: -Very stable tenant.

Eventually we would like to fix up the short term rental in the Smokies as well, thinking that we could do this for approx. $5000.

As for the outlets, I think you're worried about the wrong thing.

First step is to not worry about what others think.

Would the piers alone be a turn off to investors when thinking about the long term ie. renters, or selling the property.

I think this is what D.T. has eluded to. 

I don't think your chances are very good. 

I will make about 10 to 12k on this one he will make about 60k without putting up a dime.4. fix and flip  he put up 10k but we had to remove the tenant so its under rehab now.. same spread as the first one  he will get his 10k back and make about 30k I will make 10 to 12k for loaning in 100k for 6 months.. 5. cosmetic flip  cant recall the numbers but this one i funded 100% and its about done I will make my 10k and he thinks he will make 15 to 17k on a 30 day rehab prime area of his little berg.I also pay all the insurance he has to pay UTLS though and he has to put up EM which you know the mid west its a joke 200.00 bucks or 500.00 bucks..

Ironically, I think the DOJ nonsense is backfiring on their intentions.