I failed both State and National tests my first try. 

Every morning I get on the stair stepper and do my weights and I put on the podcasts.  

You failed to mention that you have some money.  

Long story short, the unit ended up failing the test and I never followed up with the HOA.

Having MLS access is absolutely a great tool, but you should weight the costs and benefits against the time and cost of everything else involved.

A good one Is worth their weight in gold though

If my inspection fails, what happens to the check that should be coming on January 2nd?

You failed to mention if you had any money.  

I run a fleet of 10 trucks, and since they are all over the IRS gvw weight limit I can depreciate them up front.

If you fail to do this, then you can only go back as far as the date that the LLC was created which will subject earned income prior to the LLC's date of existence to be subject to the full self-employment taxes (read: costly).