I believe that Sam has answered your question. This particular property you can manage yourself. There are other condo's in Estes Park that are the same. The majority of "Vacation Rentals" - or nightly rentals would require a management company in many of the associations.
There are many available properties where you can manage them yourself, many properties that do not allow short term rentals at all, and some properties that do not require you to rent them out, but if you do you have to use thier on site property management company.
I hope this helps you.
Gerald Mayo GRI, CRS, CIPS, SFR, MBA
Prudential Team Realty
On this particular property, the only other entity that would take a 'cut' of the proceeds would be the management company. If you choose not to use a management company and rent it out yourself, then you would keep all the rental income for yourself.
This particular property allows long term rentals, short term rentals, full time occupancy, and even has an option for time shares. If you would like a copy of the association covenants and restrictions, please let me know. I would be happy to send them to you.
If you are interested, I can also recommend a couple of local property managers in town.
Unless you have a management company and you build in the HOA fees into rent you should be good. Be sure to check the HOA docs to see if they allow non-owner occupants (renters). Good luck.