We both have full time jobs, my husband is active duty military so crazy hours.

Can you go through what each item means and tell me if I will have to pay a monthly fee also. here it is...No QualifyingNo IncomeNo AssetsNo PointsNo Prepayment Penalty12% – 18% Interest Only*6 Month Term(Extension Provisions Available)Up to 80% Loan to Cost    ....how do I figure that out?....

If the property is being held long-term for future appreciation (vacant land, for example), then the mortgage interest is an investment interest deduction on Schedule A, but only if you itemize.  

This is for work items like sprinklers, replacing faucets, paint touch-up, etc.

Like in the podcast 77 Where @Michael Quarles(can't link him) talks about how in the grocery store, he doesn't want to feel uncomfortable when grabbing an item off a shelf next to someone he bought a house from.

Make sure to take pictures and a video of the property after you have cleaned and fixed any items. 

Thats too big a risk item to them.

Ive been having some difficulty comping out the piece of land as this particular property has all utilities already set for the property ( water, sewer(not septic) and electric) and most of the land properties do not have this, does anyone know how much it generally costs to get these items set up?

Being a military town, the rental market is fantastic. 

Just finished 8 years in the Military; I got my Brokers license in 2012 while on Leave from a deployment.