My question is how can someone be so far off on value and continue to keep their job? 

Metro job market also remains strong, adding 36,600 jobs (1.1% increase) from November 2023 to November of 2024 (Source).

The stabilized properties operate fine without me but the development side of the business requires me 24/7.

Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution.

If it's going to be a bonus space for your rental, or you want to keep a very unique and vintage vibe going, and it's not operational (say it's a gas fireplace and you cut off the gas to it) then it could stay.

Depending on your new job as a 1099/self employed, there are likely other loan options available that can work.

It is a full time job and not worth it unless seen as your main focus in my opinion.

Can you suggest a few good insurance providers that operate in that market?

It's a complete gut job.

REPS hours must be a work activity involving “any real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage trade or business.”