A lot of HOAs have reasonable boards but contract out a lot of management to companies (I wouldn’t be be surprised if they were owned by private equity firms).

A lot of HOAs have reasonable boards but contract out a lot of management to companies (I wouldn’t be be surprised if they were owned by private equity firms). These companies are incentivized to find infraction to fine, and drive around regularly to make sure every rule is strictly adhered to. Trash bins out too early or late? Fine! Fence painted the wrong shade of soulless beige? Fine!