Yep I echo a per property reserve. 3-6 months or whatever makes you sleep well at night is my oft repeated phrase. 

Purchase price: $60,000 Cash invested: $60,000 Indonesia BaliAncient Taoist wisdom harmoniously intertwineswith contemporary design, cutting-edge technologies,and innovative approaches t o leisure.The philosophy of yin and yang balance is reflected in every detail —from t h e r e fi n e d minimalism of t h e interiors t o t h e meditative ambianceof shared spaces and personalized service.

I had pics of T's and A's for years on my CL ad but they got removed. 

good convo - as oft said don't let the tax tail wag the investment dog. 

They (and Costco) have oft good deals on Sauna's / Cold Plunges - all the rage here.

This https://worldpopulationreview.com/country-rankings/list-of-t... is an interactive map of world and import tariffs.

Bright line rules are harder here, but just having something listed that could count as a breach can go a long way.Dispute Resolution: This is an oft forgotten, but vital inclusion - a specific process for resolving disputes among residents, such as a mediation.

I think there are a few types of people when it comes to this oft asked questions. 

I’ve already realized how much there is to know, and I’m grateful for spaces like this where experienced investors share their wisdom.Right now, I’m working on getting a better understanding of T-12s (Trailing Twelve-Month Financial Statements).

HOA in theory can remove free rider market failure if well managed, when there are costs and/or needs for management shared by all.HOA kind of philosophically touches on the oft debated (and oft oversimplified) ideological debate between centralization or decentralization of authorityMy thesis would be: I suspect that HOA developments have higher property values in general, however when controlled for development budget on a per home basis, I would wonder if this actually holds up over time.I have heard anecdotal stories of corruption within HOA bodies, and mismanagement.