Help with HOA Leasing Rules

[Jeff Dong]

Hey BP,

I am in escrow on a condo in SoCal, and the plan is live in one bedroom/rent the other three out to tenants. The HOA rules state leasing is allowed with one caveat: "one lease allowed per unit at any time. All tenants must be listed on the lease".

How would a rent-by-room arrangement work under this rule? Would it work at all? I was thinking I'd have to submit one lease with all tenants' names on it, but it gets complicated if they are moving in/moving out at varying times and I have to update the lease.

If anyone has any insight, please let me know.