I'm waiting to hear back from a real estate lawyer, but the way it was explained to me, is that this is essentially party of the selling price ($150k), but the deal is structured to reduce the state transfer taxes based on the $135k sale price, defer capital gains income into the next year for the seller (frankly, I think the 15k would not be capital gains, but I'm not sure), and reduce our monthly mortgage payments over the year.  

I do agree with that part.  I

In addition to the 75 suites, the hotel also has a restaurant, ballroom, private party room, a large extended stay suite, and an outdoor swimming pool.

I like Kyle's idea of speaking to the other owner so that there's always a perceived "other party" to contend with.As for getting reliable people, outside of the traditional routes of finding tenants, you can also ask to post ads at the places of business that your most reliable/responsible friends work.  

All it's gonna take is an icemaker leaking or a house party with someone in stilettos to make you regret the hardwood.

Hey everyone, I have a question about leasing mineral rights if you don't mind.If I lease mineral rights underneath my property to a company, and then sell my house to a third party, does the company keep the mineral rights, or do the new owners get the mineral rights?  

As a third party bidder, you'd inherit any first mortgage.  

They were win win deals for both parties.  

IE- you may have a hard time finding the bank to actually offer to, and when you do, depending on that bank, they may forward you to their REO broker working on their behalf.2-Assignment of the Mortgage- again, just because it says Bank of America, it could have been sold to a 3rd party, whether it be a private equity firm, small investor, or another bank, and that assignment may not yet have been recorded. 

The evaluation of the asset that is pledged can vary according to each of the parties involved.