I had planned on leaving my car on the street there overnight but was advised by family to make other transportation plans. 

He will only make 25 cents a gallon vs the normal 60 cents per gallon .

You are negative at the present time based on normal projected expenses with a long term SFH income property..

Invoice:New door handle assembly - $40Door repairs $126Trip fee $150Plus tax So, the door handle was normal wear and tear (not closing properly)I charged them 1/2 of $126 and $150. 

Be carful spending money to fix the repairs up since you will not likely get any more that what his deposit totals.

- want to have a private garage and a driveway to work on their car- want to plant some flowers, tomatoes etcYou can see those are mostly lifestyle issues and people are happy to pay more if they get that lifestyle upgrade. 

I was so confused because, in my mind, he would be living there just as he normally would before the deal.

Their answer to me when I stated that a normal hotel management fee is 3% is "Those 3% rates don't include the opex of running the hotel like sales, marketing, etc.

(Normally this is done automatically for the seller via a long-term escrow account.) 

As well, have you ever heard of situations where the GP takes a 50% cut on the appreciation of the asset upon sale, instead of just sticking to the normal waterfall/promote structure?