I am aware that if we sell before the 2 year mark well will pay ordinary income on gains versus long-term capital gains.  

Even though as a developer I would like that sometimes.. but for the land owner your taking away your long term cap gains or ability to 1031 and turning it into ordinary income. and the delta between a bulk sale and creating inventory usually is not great enough to partner with builder and take on the risk.. just sell 1031 and then buy your rental income property. 

Sliding patio doors werent quite as quick as windows.Good luck.

You can only charge for cleaning and repairs beyond ordinary wear-and-tear.

See page 11 of Pub. 946.However, the recapture will be taxed at ordinary rates.

I've turned a highly tax-advantaged, passive income investment into interest (ordinary income) cap gains, and dep recapture.  

All of your fix n flip profits will be taxed as ordinary income just like rental income. 

Holding for more than a year Usually (emphasis on usually) will turn the gain from ordinary income to capital gain. 

Such conversion need not comply with the requirements of the following specific provisions of this chapter:  (a) Section 13-196-660 (height limits); however, in frame buildings, four or more levels of living space shall be prohibited and in buildings of ordinary construction, with or without attic living space, five or more levels shall be prohibited;  (b) Section 13-196-050; however, all dwelling units must comply with the exit provisions of Chapter 13-160 except basement dwelling units may have a second exit through a room containing a heating plant; (c) Section 13-196-670 (stairwell enclosures);  (d) Section 13-196-680 (corridor enclosures);  (e) Section 13-196-690 (dwelling separations);  (f) Section 13-196-710 (basement ceiling construction); however, if the basement contains a dwelling unit the entire basement ceiling construction is to be wood lath and plaster of half hour construction;  (h) Section 13-196-720 (heating plants); however, basement apartments are to be separated from heating plants with partitions of one hour construction.

@Michael L. that might benefit you if you are a professional trader and have trader tax status so you would be able to deduct losses that would be regarded as ordinary rather than capital.