Debt Reduction - at the very least, another human being is paying down your mortgage and increasing your equity.

Refinance is one way to do it, if you want to avoid getting new debt because cash flow is high look into lease options to buy or executory contracts.

Since then I’ve been leveraging my way to generational wealth with “good debt.”

I have very little debt besides mortgages and have spent my own money doing renovation over the last few years.

And a deal in my opinion is one that will 1. pay for itself(All property expenses) and 2. pay the debt service(if necessary) and 3. put money into my pocket each month.  

I am not a bankruptcy expert, but isn't that procedure used to release people from existing debt but not monthly expenses.  

The general rule of thumb when using debt is to ensure that whatever asset you buy with the debt should make more than the debt service.  

That's not the same as paying cash.According to a different post, your credit card debt costs you $600/month.

Many traditional banks won’t touch them, and even DSCR lenders will avoid them if the build out is done prior the securing long term debt. 

Those special assessments will not be enough, and the reality is the association will likely be taking debt to approach these projects (eg. paving the parking lot, residing a building) and that financial burden would be on the owners and the association.