Has a huge lot and potential for an ADU, adding value.

I don't believe the tear-down costs would be added to the owner's property tax bill when there is a condemnation.

New signage, added gravel to the park, updated some of the homes, fixed electrical breakers for RV hook up sites, created a website and advertise online.

We added windows to two rooms that previously had none and replaced 3 existing ones.

Also, Buckhead is generally pretty expensive and when adding Condo fees, tough to cashflow significantly. 

Yes, there are added costs to this, but what is your time and energy worth?

Have you considered adding a fence in the back yard to provide separate back yards?

Storage facility #6 added to the portfolio.

If you can show / prove to him that the park will be worth more because you are rebuilding the bathhouse, paving the roads and adding a playground then maybe he will feel more comfortable? 

That’s gambling, not investing. for those not familiar with what Mello Roos is.. its a Bond that was floated to pay for the infrastructure cost of the subdivision and is added to your tax bill by the county..