This thread is a prime example of where I live now as well as the two previous resident operated locations that I have experienced.

Lets imagine for the moment that the developer has turned the management over to the residents, Now what? I guess an election would be held to place people on our new board of directors. And the winners are:

Barb
Kahuna
Muncle
Chuck
Skip
JT
Fran
Hyacinth

Just an example, please do not misunderstand me, I am not knocking anyone, Good people all. Now based on all their written opinions, some of which seem to be getting a little testy, what, if any, rational decisions do you think would come out of a group, that going in, already have a clash of personalities and some very diverse opinions about what is in our best interest. There you have it ! TV will be just like all the other community's that are in the hands of the home owners. This is the same recipe for disaster that permeates other community's. My opinion, for what it is worth is TV is so much better off in the hands of a professional management team then it would be with an untrained resident board, all bringing their own agenda to the table.

The thing that attracted us to TV is the management. One look at this place is all one needs to get the feeling that it is special. If it has to change, then so be it but, We have decided to wait awhile before we invest in another resident run community. We still love TV and can't wait to get there but, we will rent and wait and see.