.- Reduced transfer fees since the corp could be transferred in possession of all properties, instead of 5 individual transfers. 

The association holds the quitclaim deed so I believe my monthly rent is going to the owed maintenance fees.

Explain that you wondering if there interested in selling a property or if they know someone that you pay a finders fee.

Factoring in 8% for a piss poor property manager will sting, and could be the deal breaker.

There are many factors that can dictate as to why a seller accepts a contract.

No recording fees!

also how the other partner will get paid and how much like hourly or as a project based fee , etc...????

3)If they refuse to pay late fee, Can I sue them for it?

A real estate broker, for the purposes of this article, is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctioning of any real estate or negotiates, or offers or attempts or agrees to negotiate a loan secured or to be secured by mortgage or other encumbrance upon or transfer of any real estate for others, or any person who, for pecuniary gain or expectation of pecuniary gain conducts a public or private competitive sale of lands or any interest in lands.

I tell people NEVER to pay advance fees with the exception of an appraisal.