I have purchased four HC-05s on Ebay. A pair worked fine initially but then one failed (no LED heartbeat). I substituted one of the others I had purchased. Worked for a bit (off and on over a period of days), then failed.
These are connected to Arduino nano pro 5V boards. I have properly handled the 3.3V RX input coming from nano 5V TX output, so that is not the culprit.
I checked the 3.3V regulator on the dead boards, and they are functioning properly.
Anyone else experience high failure rate with these ubiquitous HC-05 modules?