In your example, it's a complete change in the buyer, so I'd be willing to bet that the bank is going to take issue with it. 

Upto this point their are no zoning laws making what we are doing wrong this may change in the future who knows. 

We are also sponsoring an event in March to address what changes or adjustments to our financial/business plans should be implemented.

The percentages get really skewed too the more your ARV changes.  15% profit on a $100K sale ($15K) does not leave much room at all for error and is too thin, IMO.  15% profit on a $700K sale ($105K) has more cushion. 

A lawyer said they can file a lien if they just change a doorknob.

I personally would go with luver style, but if you wanna keep them change the hardware, I'm curious if anyone else has a recommendation

It depends on whether the House or Senate win out on certain aspects, but it could be good for investors.The House bill taxes all passive investments at 25% (rentals are considered passive, unless you are a real estate professional as defined by the IRC).The Senate bill gives a 23% deduction on the flow through income of sole proprietorships, LLCs, and S-corporations.There is a lot more to all of this, but those seem to be pretty good changes for investors.

This would not change my personal debt under the agreement but it would in theory transfer the liability of the property to the LLC.

Understanding ARV may take a little time and it changes as the market changes that is why you must always keep a close eye on market conditions.

I changed to believe all HOAs are not created equal.