While the other Governing Documents such as By-Laws, Declaration, and House Rules, will tell you how the HOA is supposed to be run (meeting notices and rules, Board makeup and voting); what elements of "your" unit you are directly responsible for; and how you and your guests act on, or use, the common areas, it is the Budget and Reserve funding that will generally have the most direct effect on actual expenses.

Aloha,Markets certainly vary, but $300 is not even enough to change a water heater, which is a pretty basic element to many rentals.

Ive used foggers before as a recommended solution by an environmental pro but it might not be the best solution in every case.

Environmental? 

Hi everyone, I'm curious if there is a restriction with mixed-use properties that the commercial element must be used solely for commercial purposes or if it could be used for residential as well?

You might even have to install specialized ventilation systems to keep the smell down (Denver has a Department of Environmental Quality that keeps on top of this...though you can still smell it when you drive by).  

Hi John, if the seller's title company is the most reputable in the area and you have an open line of communication with them, when the listing agent, seller's lawyer, and title company have told me there are no liens it's clear, and I can give the title company the liens exceptions list from auction.com "Most liens are removed after a foreclosure property sale, but certain liens may remain.Here are some examples:Any lien recorded on title prior in time to the foreclosing mortgage.First Mortgage (if the foreclosing mortgage is a second or third mortgage)HOA or COA assessment liens (in certain states)Mechanic’s Liens (in some states)Government liens such as state and federal tax liens, city or county liens, US Government liens.IRS liens (IRS may buy the property within 120 days after sale at the price paid at foreclosure sale)Code Enforcement Liens, Environmental Liens, and Utility LiensChild Support Liens"to make sure the title insurance would have coverage for these exceptions, the list from auctions.com, would it still very worrisome to use their title company?

In theory, your Board does have a fiduciary duty to you and all Owners, and the responsibility to see that all rules are enforced, and all common and limited elements are properly maintained.

If it is an electric water heater, the heating element(s) may have burned out and needing replacement.

See the change here under the "Missing Middle" section: Environmental Code Updates: Details | AustinTexas.gov