Your plans are going to run into costs of 10K to 20K per lot to develop plus additional infrastructure, septic, power. roads etc.Probably looking at 1-2 M to accomplish your total goals.If the area does not have the income levels for individuals to bring in their own homes you may not be able to develop the community at all and make any money.

@Eric BarnettI am in the same boat, ready to buy, just need to find the right place that fits my criteria and that's within budget.

It's never fair in this instance someone will always use more power, water, turn the heat up higher or A/C colder than the others in the building.. 

We have people stay at our lake house that don’t fish, they may only be there for the view.Be careful about renting your boat to people unless you can confirm you have insurance that would cover an accident and cover you if someone sued you for their accident.A deposit and renters insurance may be overboard.

It doesn't matter which party is in power.

If you are unhappy you have the power to cancel the deal due to the delays.

I'd negotiate....I used to be an agent and I've sold houses for small fees to get the buy side on a larger home, I've taken my commission in trade for cars, boats, electronics and all kinds of things.

Work hard and power through!

Power of positive thinking and all of that...

This property has big beautiful mature trees along with a boat launch that is in great shape!