This is definitely a legal question for your lawyer. 

@Sandeep Gangadhar Property Management is probably the most important member of your team, since they represent you in front of the customers, in front of the contractor, in front of legal, they also collect the rents (financials)..etc.

Also find out will you need a permit to do that work.

I can appreciate that how the idea of selling and keeping that commission sounds good, but sometimes, it's best to pay upfront to prevent any legal quagmires down the road.  

Great idea, but before buying a condo make sure the HOA will permit short term rentals.

I'm not an attorney so please do not take my opinion as legal advice.

I live in osceola county so things are a little different but I didn't need to pull a permit but in orange you may have to so make sure you check up on that.

Run into permit issues, that’s 2 extra months of holding costs.

It only makes them legally liable for the rent, which, they are not likely to pay anyway.

I think I have an idea how to separate these fees:Loan cost - Amortized over life of loan- Application fee - Appraisal fee- Loan Origination Fee (delivery fee)- Credit Report Fee- Record Mortgage fee- Mortgage tax - HOA questionnaire- title insurance (mortgage)- bank attorney feeTax basis Abstract and recording feesrecord deed Legal fees, title search, document preparationlegal fee title exam land surveyflood certification feeInspection feetitle insurance title insurance (owner)Is there anything I listed under the wrong categories?