Can you think of a scenario that would give you as much opportunity to grow financially than this one?  

So how do I value this property if I don't have a majority of the financial information?

The applicants are clearly qualified financially based on their application, and I conduct a thorough check on applicants. 

I feel like I’m very blessed and lucky to be in my current situation and that I could be better utilizing my financial situation to build real wealth instead of clawing away at it annually via W2 wage income only (and saving only ~$70k/year).Unfortunately when I model out deals, with today’s cap rate environment, I can’t find anything that generates meaningful levered free cash flow.

Account Closed depends, if your trying to finance the purchase then yes its probably too small for a MHP lender to want to get involved even if it cash flows and the seller actually has real and factual financials about the asset. 

My life is slowly all coming together, aswell as I have recieved a new job making over 50k a year and not sure what to do with it. ( assuming I save 40k/yr)My parents are struggling more financially, retirement for them is not in sight and theyre not getting any younger, theyre both 58yrs old.

In my research I've found "my solo 401k financial" that allows for REI investing, but haven't had any true luck with any others.

You can plug all your numbers into the brrrr calculator and quickly see where your investment stands and how to adjust things to make the numbers work.  

The developers need both economies of scale and top-end rents to make the numbers work.Post some more details, location and your financial breakdown, and the community will help you walk through whether this is actually a viable plan. 

If you are given the opportunity to stand up and introduce yourself, never ever turn this down.