What type of contract and fee structure would be considered “fair” for both myself and the investor, to ensure I am paid for all of the “pre-work”, i.e. property analysis, and what fee/commission should I charge if/when the deal is closed?

The main advantage that I see is that you would have access to use that money throughout the year (assuming you ensure sufficient funds are available when the taxes/insurance are do).

My goal is to ensure there is absolutely no deferred maintenance, a high-quality experience for my tenants, BUT also make the right decision on what I should and shouldn't do. 

@Mark Doty given the lack on info in the marketplace, I put together a free report highlighting some of the main risks real estate investors need to address.It covers the following; Thirteen property characteristics that drive higher premiumsSeven types of tenants that insurance companies run fromFour terms you must include in every subcontractor agreementFive insurance coverages your property manager must haveFour simple steps to ensure you have the correct policyFive warning signs in selecting an insurance agentI'll send you a PM

Just please ensure that the new purchase will cash flow.

In the future, never return a security deposit back until you have keys, CT you have 30 days to return the deposit, especially if they pay by check each month, you want to ensure it clears.  

Does anyone have a detailed scope of work they dont mind sharing. Id really like to see exactly what my lender is expecting before I submit my SOW. Any help or advise would be much appreciated. Thanks in advance.

However, the youngest daughter is a wild card and poses an issue when it comes to me receiving it.What are some suggested ways to ensure that the current owner, who wants me to receive the house, is able to successfully edit the ownership to make me the sole owner?

I know I will make mistakes, but I want my mistakes to be as small as possible, so as to ensure success in the future. 

That is taken care of by several DVD's I leave by the BluRay player.