Not checking the property periodically such that a squatter was living there long enough to require court action to eject them.

I believe in Florida, HOA liens have priority as of the recording of the declaration of the restrictions except for first mortgages where the lien has priority as of the recording of the lien. 

Adding in court fees, attorney fees, no rent during the process, and any turnover expenses versus just eating the plumbing fee. 

You don't want to serve a notice incorrectly and then go to court for eviction only to find out you did something wrong and now the whole process has to start over again. 

(This helps me determine if they have enough income to be accepted for my rent amount.)7) Have you ever been taken to court by a landlord?  

Small claims court is pretty easy.

After all, if someone was clinically handicapped and not able to understand and consent to terms of the legal agreement, then the agreement itself could be declared null and void in the court of law. 

Either bank statements showing deposits or Friend of Court printout. 3) Since actual payments may vary, they need to averaged over the 3-6 months verified.Legally, you cannot ask an applicant specifically about child support income, they can only volunteer it.

I’m not saying he isn’t right with the loophole (I agree and interpret it that way as well), it’s just so new that possible audit flag and a lengthy court case?

If you ever have to go to court on something like this you will be in the odd position of being both the landlord and the tenant, so I would leave nothing to chance or interpretation.Personally, I agree with Nathan - I'd have real questions about any potential tenants that were OK with this kind of arrangement.