Bought a condo with an HOA that doesn't allow STRs. What do I do?

[Daniel Tisdale]

Hi everyone,

I recently purchased the B unit of a two-unit condo association and it has a main house and a separate garage apartment. My plan was to cover most of the mortgage through Airbnbing out the garage apartment since it does not have a kitchen, but come to find out as I am closing there are restrictions on STRs in the HOA. The seller's agent communicated to my agent verbally that there would be no restrictions on short term rentals and that there was also not an HOA. They also did not include this in the MLS listing, but it was included in one of the seller's disclosure notices. I believe this is on myself and my realtor for not thoroughly reading the details before I signed everything, however I am wondering if there is anything that I can do. I have already talked to the owners of the front unit and they are ok with long-term renting, but not short-term. This puts me in a bit of a bind since there is no kitchen to the garage apartment unit, making it hard to rent long-term. I am considering putting a kitchen in the garage apartment, but need to know who to speak to if this is even allowed or not.

Any and all advice or resources for me to reach out to would be greatly appreciated!

Thanks,

Daniel