Those are the rules I've set, and if they break them then they run the risk of incurring late fees.  

For this I paid a $500 fee as I am an out of state landlord but manage the property myself month to month.  

No pitching, no fee... just a casual atmosphere and about 20 investors and/or "future investors".

So far I have been expensing  my education cost, application fees, and other association fees to the partnership.

(you can verify later as to how much they charge)What do the current owners allocate for maintenance/repairs currently?

They are generally very busy right now so can charge a premium.

So if they don't exercise the option then I may need to put in a couple thousand dollars to do some repairs and such and it may stay vacant for a month or two, but then when I  put in another person that wants to purchase the house I collect another option fee of $3900 upwards of $10,000 depending on the property.

If you can get a card that charges introductory 0% interest or have the means to pay off the monthly balance, credit card is fine.

Is it a set fee for quiet titles with A&C and how much?

In a emergency, I could be up there in 2 ½ hours.Taking into account comps from other rentals on VRBO & AirBnB, services fees, VT room tax, cleaning and management costs, I think my break-even would be in the 60-80 nights/year range.