I am on the board of CFRI, the local chapter of the National REIA.

If so, are there legal ramifications for the HOA board or voting members? 

We own a vacation property there and our board is looking to replace our current property manager who is under performing to put it kindly. 

A good condo board should be saving money for larger projects as they are known in advance (eg every 25 years you need a new roof). 

Hi Chani, These fees seem a bit high to me, specifically the leasing fee, on-boarding fee, Multiple quotes requests, HVAC filter supply, early termination fee, vacant property termination fee, and transfer to another manager fee. 

You can create boards for each property and track updates, tasks, and improvements visually.Property Management Software: Some users also leverage software like Appfolio or Buildium for more comprehensive tracking, though these can come at a cost.It really depends on your preference for simplicity versus more structured systems.

If a contactor is replacing only the decking (boards you walk on) $12k is a ripoff.

Working in a busy property management company, I'm often asked for advice on camera and alarm systems, and in rougher neighborhoods sometimes it can be a toss-up on whether to keep a property boarded-up between showings. 

I currently work with investors who are looking to invest SFH/LTR that are turn-key ready and manage for them on the back end, so I see a lot of benefits in that market across the board. 

The January 2025 report from the Austin Board of REALTORS® (ABoR) shows stable housing prices and balanced market conditions in the Austin metro as we start the new year.