In my experience once you break down multifamily by asset class the actual number of units does not do much to impact the cap or price per door of that sale.

Does anybody have personal experience with incorporating into a town and what type of impact this could have on my taxes and such?   

I am definitely trying to keep track of the expenses since that as you say could heavily impact my cashflow.

I do also think NBAF will have a very significant impact on the city for years to come, and effect many other areas of the city.

Or leave it in as a shareholder contribution to reduce your debt or hold for unexpected expenses, either of which can positively impact your balance sheet showing strength where a lender wants to see it.

Tenant shall be held responsible for water damage caused by overflowing toilets and/or drains.Take no action which would cause a cancellation or increase in Landlord’s fire or liability insurance.Obey all environmental laws and keep no toxic, inflammable or dangerous substances on the Premises.Prevent the accumulation or buildup of mold or mildew throughout the Premises by notifying Landlord immediately if any evidence of water leak or excessive moisture, mold or mildew appears.

Whats more concernign as a buyer is how are taxes reassessed and how will it impact after you acquire it.If you're talking single family homes, well for starters you're in the wrong forum section (lol), but then yes it does matter and it's probably way too much for Long Island.

After that time they will start to leave apartments for homes, which has a negative impact on apartment’s terminal value unless an equal number of renters enter the market.

I've come across a few news article mentioning significant impacts of the GND on residential housing.While full of financial estimates reaching into the trillions, these articles are completely void of details on the specific types of regulations causing the impacts. 

can they send it to collections, they have my address and name, how they can impact my credit score?