Are there any other curiosities you have about the program?

They can at least see your possession date on your HUD and know you did not accrue the 6 years of dues since you've only owned the property for a year.

An accruing loan would be nice to give you time to fix up, rent it, and refi or resale.   

Just out of curiosity, Riley, are you without speck or flaw in your own life?

A civil penalty so collected shall accrue to the state and shall be deposited as received into the General Revenue Fund unallocated.501.211 says:  Other individual remedies.— (1) Without regard to any other remedy or relief to which a person is entitled, anyone aggrieved by a violation of this part may bring an action to obtain a declaratory judgment that an act or practice violates this part and to enjoin a person who has violated, is violating, or is otherwise likely to violate this part.(2) In any action brought by a person who has suffered a loss as a result of a violation of this part, such person may recover actual damages, plus attorney’s fees and court costs as provided in s. 501.2105.

Out of curiosity sake. 

Out of curiosity, was it your intention to purchase two properties so close in time frame?

Weirdly, tenant occupants get a whole paragraph explaining that liability still accrues to the property owner who is the mandatory HOA member, which immediately disproves the claim there's an uncovered liability issue with tenants fully enjoying to pool.  

Hey guys,Just out of curiosity.. after paying your expenses, setting aside for CapEx, vacancy, etc. what do you do with any extra $ if there is any?

That way you could actually charge an interest rate, use the additional funds to pay it off and have the money accrue tax free?