If you are a partial owner of this land, I would not invest much or any money into it.

if you don't know what this is, look it up.)how it benefits you: you pay yourself back - you pay back the cash you spent with the cash from the brand new loan.

Either can work, or either can be a huge pain, but that's the reality of common area ownerships.I've worked on some small 2-3 unit condos like this doing the condo plans and the CC&Rs have always included provisions for financials, budget etc. as well as dispute resolution.

If he were to submit this, I'm fairly certain it would pass regardless of the consequences of doing so like for example much much higher sales tax in the 13-15% region.  

My partner and I have ~20 doors in Columbus OH, and we are interested to expand our portfolio to Cleveland, including around Lorain and Euclid.

I love this architects designs for cottages and pocket neighborhoods, but this concept is something entirely different.

To keep this simple, let's go with the two extremes. 

New full size high end stainless appliances that include a mounted microwave and dishwasher as well as new fixtures.

I agree with this.

This has been my experience and I live in an ultra-competitive market.