I hope you aren't planning to buy a new house then. New communities go HOA because banks prefer lending to HOA communities--they are more stable and maintained.

No need for a 200-pg document. I've been through two separate HOA covenant rewrites, both about 45 pages. Documents should be updated at least every ten years, and with input from the community. If you're indifferent to participating in the governance of your place, that's on you.