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Updated over 1 year ago,
Buying an HOA home in San Diego, CA (north county)
Good morning BP community, I am trying to weigh the pros and cons of buying an HOA home in California, which may be converted to a rental in a few years. There were recent changes to the CA law which allow for 31-day stays (also see this blog post) and alters the rental cap in an HOA community. However, I was wondering if anyone here might be more familiar with the boundaries of renting in an CA HOA community (e.g., landlord occupied STR, restrictions renting full home vs detached structure) and/or strategies for being successful in doing so.
Honestly, I've stayed away from HOAs in the past, but I'm interested to learn more, so I can make an informed decision about the homes likely performance and associated issues. Thank you so much, I really appreciate your feedback!