I'm not saying you weren't, but I know architects and engineers, if they get a feeling that a client doesn't really know what they want and will need an excessive amount of hand holding and doing several redesigns through the process, they will pad their numbers.

He is doing additional training with the Launch Pad as well.

After the current tenants move out, I need to replace the carpet and pad. 

Always pad a percentage of your budget for overages.

Anything over 1 percent, even there, is good.The way I look at the one percent rule, in general, is that it's a quick scratch pad way of seeing what's what.

That way, you’ll have control over the operation and might be able to squeeze in a few extra bookings to pad your numbers.

You will essentially be buying a pad site so you would have to build new.Also realize what you will pay to insure that in the future as part of your costs

So that comes out to be $40K per home in the end.But during the DD, I've found instead of 40 vacant pads, only 35 vacant pads are usable, so there is a loss of 5 spaces for me.What is a FAIR way (to both sides) of reducing the purchase price to account for the missing 5 vacant pads?

If you don’t have a contractor yet...put the brakes on your whole operation until you have a great contractor and a backup as well.

If you’re near the Newark airport you can set up a pilot crash pad.