You really don't have anyone options, in my opinion, other than the ones you outlined.

We decided to draw out line at 1-week based upon local regulation distinguishing between being a landlord and a hotelier. 

Usually, in multifamily I have a 5-10 year plan on the property outlining what we are doing with the property.

I love the idea of just writing a quick email outlining the terms you would like to offer, as suggested previously.

In their lease it says that their spots are outlined on the diagram and any additional vehicles or vehicles parked in spots other than their assigned one will be towed.

It's probably not great for super detailed insight, but it will definitely give you an outline of most major economic concepts, and it also cites a lot of the biggest thinkers and their contributions.

How would I take it out? Line

So when you sell, be certain that you outline that you are the owner in your PA and in any advertising including signage.Also be sure to use licensed contractors in the flip and proper permitting.  

I have outlined a script below to make sure I get all the info I need, offer all possible options, and don't break any rules.Does this sound like a good approach?

I've outlined my crude analysis below based on rough assumptions to give you one perspective.