Structurally it is solid and the exterior needs minimal work.

Just walking around the exterior.....

Perma-stone and formstone had been blighting exteriors for a while, but never picked up indoors. 

Good Morning BP members,1st contract.  1870's home, exterior projects:Renovate the existing open front entry porch, to increase the size and add a hip roof.New large deck (11' x 28' and 8' off ground) switchback stairs.All new siding to match.Fyi - The age of the house (not the location) is historic.

The pros are you don't have to worry about the exterior whatsoever.... the cons are the association can literally ruin your investment. 

You obviously can see the state of the exterior but you don't know if there's messed up plumbing or if it's trashed inside.

I think a lot of people moved away from traditional job magnet cities like New York and San Fran to weather the pandemic.

Improved curb appeal by adding new landscaping, siding and general clean-up of exterior.

I like the black exterior.

We have had a crack in the stucco patched up in 2016, then major exterior work done in 2019 to our house (and our whole development due improperly installed windows, no drainage, rotting wood/stucco damage - builder fortunately paid after getting lawyers involved).