Your income is Sales priceLess Purchase PriceLess Costs to sell propertyLess renovations/repairs/holding costs.You mentioned having partners. 

Should I go ahead and develop the land entirely and risk losing that money? 

if there is lots of interest, they can say to you "that's a nice list of 'issues' your inspector found - give me asking price, or find another property. i'm not making any repairs or lowering the price."

(My contractor often just answers these calls and makes the necessary repairs without me ever knowing).

I never really know ahead of time which lender might be open to that before putting the full credit package in front of them, and many of them 'in theory' offer it, it's just a matter of exposing the potential transaction to enough credit unions and banks that a few "swipe left," a few "swipe right," and looking at the terms offered by those that swiped right.

However, since the repairs took a few days and the appraisal took even longer, the loan came out of underwriting.

That means if you could get $6,250/mo, have zero repairs, zero maintenance, zero capex, zero vacancy, provide zero lawn/snow/landscaping, pay zero utilities, and pay zero management.

There is no compensation, I am responsible for moving the storage building, there is no mention of repairing my asphalt driveway, and most importantly they state the north fencing will be taken down and not replaced as it is encroaching on their property.

She bought a condo with lower-than-average dues, but a few months in, the HOA announced a special assessment for roof repairs.

In my experience, it’s all about networking with local contractors and being flexible with your plans to stay ahead of any issues that come up.Happy to exchange knowledge!