This means a large percentage of your costs are fixed.  

They take a percentage of the overall sales price of the home, not just the appreciation gained.

But as soon as their is a sale of the property - that differential goes away and the property appraiser is free to tax it at it's "just value" - which is usually some percentage below what you paid for it... like 15-20% less than what you paid.  

Key determinants include the percentage of owner-occupied units, contribution percentage for the HOA budget towards reserves, and a clean record without litigation, delinquencies, or major issues.

No mortgage will be issued for greater than their underwriting guidelines including Appraisal and a percentage of that Appraisal.2.

Is it they are taking on more risk or getting less percentage when its all said and done?

What percentage of expiring leases will renew their lease each month?

Toledo housing is affordable to a much higher percentage of the work force than the average city.

Loans are typically amortized meaning the percentage of interest paid compared to principle paydown is highest at the first month. 

In Arizona there are laws that limit the percentage increase on HOA dues for planned communities to 20% per year, unless there is a majority of the HOA that votes for more than 20%.