Hi Tim, we haven't closed yet...still working on that element of the deal.

Being fair, genuine, and ethical are vital both in business and in life--and the better you are at those, the better your outcomes.There is another element at play here, however: the abundance versus scarcity mentality. 

There are several types of inspectors that specialize in particularareas, for example: structural engineers; geotechnical engineers, roofers, plumbers, sewerline scopes, electricians, HVAC contractors; environmental professionals; industrialhygienists; surveyors; etc.

I'd try and keep as much cash flowing while you rehab, unless it's very much 'the wrong people' and they are causing problems, or bringing bad elements in.

@Michael Hart  very common misnomer Real Estate can and does go to zero and actually goes negative.many ways.. look at blighted inner cities.. many properties have zero value.. environmental issues on a property.. etc... but generally speaking I hear ya.. but I think this is one thing that has led many investor to lose lots of money over the years.. thinking that RE is a SURE thing and they can't lose... nothing can be farther from the truth.

Your question is a very insightful one.I recommend you check out the Business Model Generator book and associated canvas at http://www.co2partners.com/blog/2011/01/business-m...The book and canvas go through the various elements in a business and I believe there is  applicability to what you want to do. 

As part of the land purchase, I feel it would be best to present all of the revenue generation options upfront for each property before starting geological, environmental, and civil surveys.I would appreciate any insight on creating value post-purchase, identifying suitable revenue options, forecasting, estimation of potential returns during development, key team members to add (engineers, surveyors, etc.), and deal structuring (I am raising funds for the purchase so insight into owner-financing options, etc. would be great).Thanks for replying,Ryan

If somebody can go to them before then, and do thorough due diligence (environmental, financial, building condition), they may be able to get a nice below-market price. 

The property will be sold in an "AS IS WHERE IS" condition without either express or implied warranty or representation, including but not limited to the description, fitness for a particular purpose or use, structural integrity, physical condition, construction, extent of construction, workmanship, materials, liability, zoning, subdivision, environmental condition, merchantability, compliance with building or housing codes or other laws, ordinances or regulations, or other similar matters, and subject to easements, agreements and restrictions of record which affect the same, if any.

 Building a successful RE business requires several elements.