@Sheena Varghese, sounds like you have your answer.  

I lived in Sound End for a bit; beautiful, walkable area with plently to do 

Since reserve studies attempt to forecast replacement costs of items over a 30 year period they are having to recalibrate since the reserves they are now using did not use the latest increase in construction costs.

Ditto @Michael Baum - a simple 3 ring binder and I update/replace it if it looks even a bit worn down.

We've owned them for 20-plus years but the recent property tax increases have negatively impacted our cash flow as have major repairs such as roof replacements, AC units, etc.

And I hope to be ready to buy within 9 months (we are moving from LA)  Hey Eric, Sounds like you have a solid goal and are putting the pieces into place.

Sounds like he's had a ton of experience as well.

The person that replaced him was and still is really bad on communication.

The GP was so open and transparent every step of the way with the different types of insurance that were essential, adjusters, replacement cost, debris removal, code upgrade, etc.

I know, it sounds good, but in most cases, if it sounds too good, it probably is.