A good reserve study will encompass all of the common area maintenance areas such as paving, walkways, siding, fences, pools, clubhouses, i.e. anything not part of the units.

Q: Although a 2-story condominium community is not subject to the milestone inspection report or the structural integrity reserve study, we are still required to have reserve for pavement ...

Our current reserve is healthy, yet we have big-ticket items coming up. I follow the HOA accounts and spending, and recent big projects have been costing notably more than the reserve has predicted.