I'm sure there are estate planning scenarios he has to account for and there are financial impacts for it as well - besides increased property taxes, what other financial implications are there?  

This kind of filter could potentially have a long term impact if your units sit vacant because no one can understand the listing.

Strategic Connectivity: The development of the environmentally cleared high-speed rail station in Merced not only enhances connectivity but also contributes significantly to economic growth, job creation, and environmental sustainability.

I am quite environmentally conscious and my goal is to make the house way more energy efficient, so seeing windows open with AC on irks me at a different level lol.

Another friend who directed the environmental permitting for Anadarko in Southern Wyoming spent about 6 months looking before he found something new.I don't see the professional level jobs available...maybe my friends and I are in the wrong business. 

I don't know how it would impact your credit score but it could/would impact your DTI (debt-to-income) ratio.  

Apart from the ARV analysis already done here, you seem to be missing a few expenses that will impact your cash flow.  

The year property was placed in service and the corresponding depreciation methodology used will impact the final outcome. 

Do you reflect on the impact of your real estate investing in others?

You might want to see how 200 homes impacts the market before committing to a large scale infrastructure project that a mobile home park would require.