You have to pay your share, and in my example that could be tens of thousands of dollars to re-coat the private roads. 

@Jordan Coates this is exactly what I do, I either by a fixer upper and implement the BRRR strategy in order to refi and get my cash back out (if I'm using the HELOC for the entire purchase and rehab).

@Kamila Taylor We painted the stone with white paint and a sponge - took several coats to get the look we wanted.

I think the skills learned in BRRRR of SFH generally do not transfer well to what is an entirely different animal.

People are animals.

Although, the likelihood of this and enforcing it if not honored is a whole 'nother animal.

This is something I am very capable of maneuvering with the long term rentals, but it seems like a totally different animal in the vacation space.  

We use a semi-gloss, washable paint with extra coats around light switches, corners, and other areas likely to get dirty.  

@John Herold Usually, it'll be using Kool Seal to re-coat the roof.

Water usage could also be high as you have 3 adults and 2 kids living there.Lowering your rent to $750 with a high water bill is not a good idea.If the cabinets need a pick up-give them a coat of paint and some new hardware, but with 3 adults and 2 kids and pets....chances are they will be damaged before the paint can fully cure.