A reserve study is a budgeting tool that helps boards plan for the replacement of all of the common-area components when they reach the end of their useful lives. These include mechanical systems, roofing, facades, and parking decks, all of which will ultimately need to be replaced over the course of a 30-year period. When dealing with mechanical systems, it’s a great idea to look at high-efficiency replacements, which will translate into savings in energy costs that far outweigh the minimal increase in upfront cost.    Read the article………………