A lot of jurisdictions will impose a "fee" instead of a "tax" in order to either get around voter sentiment ("don't tax us more") or to get around statutory requirements that any new taxes must be approved by the voters (as is the case here in Colorado due to the TABOR amendment).I personally don't know Kentucky lodging tax well enough...but those are the questions I would ask.

Opposition to the bill: 'Endless leases' and 'incredibly punitive' requirementsMarty Schecter, a spokesperson for the Colorado Association of Realtors, wrote in an email that the language requiring landlords to pay for relocation assistance is “incredibly punitive.Schecter wrote that the association wants the bill amended and is working through issues with the bill sponsors.

I'm amending my lease to require proof of homeowner insurance, etc.

Even that however can open the door to new negotiations and an amended lower purchase price.

Let me amend that statement.

Not to mention all the tax-preparation fees investors will have to fork out to file amended tax returns with penulty and interests perhaps.

Can anyone think of any that could be added or should be amended?

An OA can be amended the day after or at any time, but it should be done right the first time as it clogs the history of your operations and can become an issue......:)

Does anyone have any clause language I can use to amend my contract?

Once you scale up and when cost makes sense, you can always amend your agreement to make it more robust.