Underfunded HOA in fourplex community

[Basil Kostaras]

Hello! First post in the BP forums, but longtime listener to the podcast. I’m currently under contract to purchase a fourplex that’s in an HOA community. After receiving the resale packet for the property from the property management company it was identified that the HOA was operating in a monthly deficit and the reserve fund was only at about 32% of what the recommended amount was. If the fourplex itself is a good deal is the underfunded HOA something to be overly concerned about? This property is in Las Vegas, NV and I’m still within my five day review period after receiving the resale packet. Thanks in advance for any input.