HOA control

[Cedric Emmanuel]

Hi all,

I'd be super thankful for some input here.

I'm looking at a condo in Charleston, South Carolina that is part of a small building made up of:

-2 parking units

-4 residential units, with the one for sale that I'm looking at being the smallest

-1 commercial unit on the ground floor, in which you currently have a clothing retailer

Every unit is owned by the same investment group, and everything is currently being rented out. I would also rent out the unit if I were to purchase it. So, questions:

-There's an HOA - considering every other unit is owned by the same owner, do I have any protection from them raising fees, making assessments and/or limiting how I can rent the unit?

-As a general point, do you think it's smart to buy into a small building where every other unit is owned by the same investment group?

Thanks,

Cedric