In the sunshine state, specifically within Miami-Dade County, HOAs often depend on capital reserve study firms to conduct detailed financial assessments for condo associations, ensuring a strong financial framework for ongoing maintenance. These reserve analyses help homeowners associations efficiently administer their financial resources and strategize ongoing viability. https://southfloridareporter.com/avoiding-financial-pitfalls-why-hoas-in-florida-cant-ignore-reserve-studies/