@Connor Heaton, I agree with Gino, that some HOAs cover exterior items, and some only cover certain items.But beyond, the specific items covered by this HOA, they will also want to understand how well funded the HOA currently is for items.  

And if a group is out there projecting that 20% IRRs are still achievable for a typical value-add play, I get very suspicious, and ask for a lot of "projections vs actuals" on current deals to confirm their assumptions.

I currently have a client who is looking to buy a parcel it's around 1 acre.

Cash out refinance: Hoping to get 70% LTV from current strip mall commercial property. 1 unit owner occupied. 30 year term.

I think relationships with the owners are very important as well - the more you can developed a relationship with current owners the more likely they are to "help" a newer investor as they feel (in part) like they are paying it forward.

If anyone is in this market and would like to connect please reach out.

If it is a refinance, we would look to pay off any current mortgages, finance the closing costs, get some cash-out if desired, and fund the rehab. 

Currently living in Madison but looking to invest in the Milwaukee area as prices aren't as crazy it seems.

Are you able to secure the building permit while under contract in the current owners name and then have the permit transferred after the settlement takes place?

Now, the current owners spent 30K to finish the basement professionally within the last year.