All condo HOAs seem to have tight rules about the # of rentals?

[Andrew C.]

I've been looking at condo units as a plausibly lower maintenance option for rentals. One issue I'm finding is that nearly all of the HOA docs 1) assert that rentals are allowed 2) limit it to a tiny fraction (e.g. 4 out of 120) that can be rented at a time and you have to provide a copy of the lease to the HOA. I can understand why the HOA would want a copy of the lease. The restriction on the owner's rights that preclude me from renting it at all because 3-4 other units are rented seem like an overreach. WI passed a state law not too long ago that, if I understand it correctly, precluded municipalities from preventing rentals of at least 30 days. I wonder if this applies to condo HOAs, as well? Can / do-in-practice they actually prevent you from renting it out on a long-term basis?