You should build a really nice large paved patio/ garden on 1 of the acres and rent it nightly as a wedding venue.

This one decision has paved a path to wealth for him in his young age.

I have money in the budget to pave or blacktop a driveway for about $6,000. 

Low maintenance backyard with direct access to paved community walking trail What made you interested in investing in this type of deal?

.), and how healthy is the HOA financially, ie: are they adequately funding reserves for capital improvements (roofs, paving, etc.) and are there any current special assessments?

Good neighborhood, outside is simple but good, No garage, paved driveway, small yard front and back.

This new information would require the property to have a fire suppression system, as well as a paved parking lot with a combined cost of ~$45,000 which no longer makes the property BRRRR friendly. 

I've planned the deal after closing to such detail that I know once my "deadline" time is approaching I should have more than enough finished ; the doors need revamping, the carpets replaced, and the driveways paved and maybe some landscaping and new paint to add curb appeal.

There is ample off street paved parking for the unit, it's a good point but I do not think we would need to lower rents at all. 

How many lots, how many occupied lots, what is the lot rent, how many park-owned homes, who pays water/sewer, type of water/sewer, are roads paved, size of metro market, avg.