I've heard several people around the forums say that they save up to X amount of dollars per property in CapEx and then take home the excess cash flow once they hit that point. 

It's possible they screwed up as there's a field marked "excess land" that has a value of 0.

We were able to tap into some gov't-backed low interest loans because our banker knew we were thinking about some construction projects around the same time he was sitting on excess funds.

Excessive forbearance could be a reason for denial (Borrower just can't make payments at any rate/term, or expenses are just too high). fraud could be a reason. voluntary un or underemployment could be a denial reason.

Find out if the city has excess right of way...

Is that excessive or is that what I should anticipate ?

They have high flush toilets in all their units and are paying the water and sewer for the residents excessive usage and just don't care. 

So they get an offer and see the bottom line from opendoor or alike and they see profit they are happy.Now if they were provided a bottom line from and agent at real value without the excessive fees and compared that to an estimate from opendoor etc I think most homeowners would choose to save thousands of dollars vs sell a month and a half sooner.They are in Las Vegas and Henderson now as well.

I have a partner (childhood-friend, non-veteran) who would split with me the down payment in excess of the entitlement ($649K for San Diego) and any renovation costs. 

This seems definitely excessive to me.Thanks!