In the sunshine state, particularly around Miami-Dade, HOAs typically depend on capital reserve study firms to conduct detailed financial assessments for condominiums, guaranteeing a strong financial framework for ongoing maintenance. These financial evaluations assist condo associations efficiently handle their finances and strategize ongoing viability. https://southfloridareporter.com/avoiding-financial-pitfalls-why-hoas-in-florida-cant-ignore-reserve-studies/