Or, you know, let the individual organizations in charge of running local areas decide on their own rules for voting, collecting, and spending funds. Democracy tends to work best when decisions are kept as local as possible and not shoehorned into some generic framework pushed down from up on high.
1. Give the HOA the jurisdiction to spend the money in collects. It can plow roads, cut grass, and plant trees.
2. Everything else it wants to do requires a majority vote. Any adoption of a rule that affects private property requires a 3/4 majority vote.
3. Require a judge to sign off on fines etc.
4. No sequential terms of office.
The capability to do maintenance stays, you can still have some rules, but the petty tyranny over paint colors becomes nearly impossible.