Advice Needed: New Investor problem with HOA

[Brittany Alling]

Hi everyone!  
I need some advice! Recently I bought a townhouse- I am living in it for a year and then going to rent it out. This townhouse is in a HOA which I understand could get tricky. But when I looked at the HOA agreement nothing stated about not being able to rent the property out. The previous owner actually rented this property for 15 years!! I just got an email today stating that on September 1st ( my settlement date was September 22nd) there was a letter sent to the previous homeowner that stated the HOA wants everyone to vote on capping the rentals to only 22 properties- currently there are 19 properties already renting so there would only be 3 rentals left in the neighborhood. I don't know what to do because this was never disclosed to me when I received the HOA documents before settlement. I never would have considered this property if I knew this was the case.

Do I have a right to go back to the seller to understand why this was never disclosed? Also, does anyone have experience with HOA's and know if I can try to "reserve" one of the 3 spots left?

I appreciate all the advice I can get!