I've been going through comparing information as to what it would entail to have an HOA that impose the by-laws mainly consisting of the violations: noise. 

Politicians are imposing $4500 relo fees and [soon] rent control on landlords. 

There are regularly proposals almost non-stop to impose new STR rules. 

Firstly market rent is based on the unit as is and there for upgrades are unnecessary and a waste of money.

For us to have any issues is unproductive and unnecessary.

What fees and restrictions does the condo assn impose on rentals?

My goal is to have every one feel secure in the partnership while also avoiding any unnecessary fees like legal, if possible.

Don't be that guy, you are just bring unnecessary worry and a negative loop thought process to your life.

You're right in that it seems that the majority of people who hold licenses say that they think it's a good idea while those who do not have a license say it is unnecessary and can be a disadvantage in some ways.

Furthermore, unlike the typical Triple R, who constantly reminds you of how many years they've been selling real estate while they cause unnecessary and avoidable problems from day one to closing, who have the negotiating skills of a rock, Commercial Realtors are generally pretty impressive.