Some will just use a month of rent for this number, and others (such as myself and Jason DiClemente) will just take out the percentage associated with the area.

If you've been in the business long enough you have probably heard of my business partner Mehmet Halici, Associate Real Estate Broker. 

You might find that there are restrictions you can't live with like prohibitions on parking a camper, boat or commercial vehicle - and even the colors you can paint your doors or shutters.Be sure to ask whether there are any pending lawsuits against the condo association or any special assessments in existence now or anticipated in the future.You shou;d also request a certificate of good standing from the condo association, meaning that the seller doesn't have any outstanding fines or fees. 

A good management company is key when buying a townhouse/condo association

We are in a homeowners association, and we value the relationship we have with  the rest of the owners.

Get on top of this one before the Get out of hand with other crazy fees associated with Leasing our your property I don’t know where they would spend the money, as I’m sure they already charge a fee for processing the credit, gate fee, amenity fee etc...

I'm on the board of two of them.An HOA is a HomeOwner's Association.

You can't however be involved in a third party transaction for real estate or business without a real estate broker license (or a sale associate license working for the broker).If you find a buyer (who is not you) for a FL broker, where ever you are, you can't receive any fee for it.

Tell them you will begin advertising and screening applicants immediately, they will be responsible for all your costs associated with finding a replacement (advertising, screening credit checks etc.) and that they will be responsible for the rent up to the point in time new tenants move in.

Our (very seasoned) real estate attorney said that he had just closed a $12million dollar deal that wasn’t NEARLY as complicated as this one, and he brought one of his new junior associates to the closing as a learning opportunity.