NOW, if there was a recent storm that cause a sudden leak resulting interior damage you may not have much of a leg to stand on because HOA was not neglegent in doing timely repairs, it just happened.Now if you think they should repair but they won't you will have to sue your HOA (yourself also since you are an owner) Once they board and HOA recieve the letter from your attorney, they will likely just settle and fix your wall inside since it will be way more costly to defend and it may raise they HOA insurance next year, thus passing the cost to you via your HOA dues.

The metrics for occupancy / income from 2020-21 are not going to be comparable to what's going on now in the area in my opinion.

If that's the case, the yes cash out refinances are a little harder now than they were a few months ago.

Some of our properties away from the beach perform better when there are good amount of amenities available, like a large lazy river, tennis courts, access passes to local golf courses are a big attraction for guests. 

Can this still be done now?

I also recently found out about Latte and Lease's Out of State Investor Academy's "Cash Flow Coffee" meetup, which I believe can be accessed via her email list or her website: https://www.lattesandleases.com/shop/p/bay-area-meet-up-g9ny...

All markets are difficult now.  

And in reality, your property will likely be worth more money with the finished basement, so your return on investment will likely be higher, i.e. you spend the $70k, your property is now worth $50k more, so your $13,200/yr really earning at 66%, per year (13.2k/20k).  

It's one of the harder markets to find cash flow in, on average, in the US right now, but not the worst.  

Lenders I spoke with are wary about mixed-use right now, I'm told.