Location, asset type, asset quality, basis, capital stack, tenant profile, lease structure, and tenant demand.

Should I find an attorney and if so, does anyone know a good one in Tampa, or should I go the small claims court route and only try to recover the max allowable limit of $8,000 to minimize legal fees?

There is a membership fee to attend, but your first meeting is free.

Expect to pay $5000+ to foreclose between attorney fees and court filing costs.

HOA’s fees can destroy your return in certain communities.  

I also think charging a 40% founders fee is a bit ridiculus.

Many HOAs are not properly consolidated, and when owners don’t pay their fees, it often results in poor maintenance of the common areas.

One trick is there is talk in DC about requiring you to disclose all mandatory fees in the rent. 

From her perspective, a small increase is often more cost-effective than relocating, which would involve a new application, moving expenses, a new deposit, first month’s rent, and additional fees such as insurance or a resident benefit package.To help offset the increase and encourage tenant retention, you might consider offering a small improvement, such as updated light fixtures or another minor upgrade, that adds value to the property and enhances the tenant’s experience.

The special assessments that are are being levied as a result, along with the rising HOA fees and insurance costs, and the numbers just don't add up.