You can grow quality lumber.You can cut Quality lumber.You can both Grow and Cut Quality lumber.Last you have to Sell Quality lumber.All of the above sound so basic, but until you have Failed or someone holds it in front of your face, you don't know.

Finally, you need a consequence if the fail.

Originally posted by @David Dachtera:Well, I've failed miserably.

However if it’s a really big hazard and they fail to take care of it quickly, I might just take care of it myself rather than taking any legal action, personally.

High risk since most fail, but big rewards. 

There was also a failing retaining wall in the rear of the property that completely blocked natural light form a handful of houses, and was technically on the property line and a shared responsibility.

If you fail to follow the rules, you may open your personal assets to a lawsuit.

I do have money for a down payment, but I fail to see how I could make this work?

I hear if you fail it could take weeks for them to come back out so I just wanted to better prepare for that initial inspection and what to expect and also, any issues before then.  

Most fail to paper the contracts, indemnification and additional insured requirements correctly.