Landlords in Homeowners Associations are a joy to some, and a pariah to others. I own multiple properties in a Homeowners Association (HOA). People love HOAs, or hate them. Often, it is real estate investors that hate the HOAs.
If an investor buys property in a homeowner association, they have effectively signed a contract with the HOA. They have agreed to abide buy the Declarations, bylaws, rules and regulations. If they do not like the contract, they can attempt to change it. Once thing they cannot do, is violate it.
As president of my HOA, I have had some challenges with investors. For some reason, after they have purchased property in our HOA, they think they know more than the HOA Board does. They very well might, but there are still rules to follow.
I am always intrigued by these investors who buy a property in a HOA. They buy a property because it was priced right, looked to be in a great area, and had the potential for profit. Unfortunately, some of the investors I have come across did not understand HOAs, did not read the rules, or did not think the HOA would enforce the rules. They were interested in their own profit, at the expense of the other investors.
I am sure that they have a few HOA horror stories of their own, after they violated our rules.