HOA changed bylaws to prohibit our Short Term Rental

[Monica Berger]

We are in Florida... Anyone have experience with HOA changing bylaws after purchase of property? We have been doing STR for approx one year and we were hoping we would be able to be "grandfathered" if laws change but hearing a lot of mixed messages about the case law so far on this. HOA now will be allowing max 3 rentals per year, which they say avoids the potential "grandfathering" issue. We may try to fight this as we purchased the property specifically because there were no rental restrictions when we purchased, and this will significantly affect our financial situation with the property.

[Chris Seveney]

@Monica Berger

In a community I own in Virginia (golf course community) they just imposed STR restrictions - nothing you can do except bring in a new board to overturn it but that's probably not gonna happen