You own the property, and you can do what you like with it, within the law.What sucks is when here in LA you can buy a property but not be allowed to kick someone out of a unit without paying them $19,300 in "tenant relocation assistance."

That's just not good business practice.

We have other commercial real estate investments that are much more practical and managed by family. 

(it costs but its the best there is)                  ii)  Use transunion smartmove to screen tenants                  iii) Use Cozy to manage the rental and accept payments                  iv)  Use a smartlock on the door (Yale or August) so you can allow your contractors in when you need to and                        do showings to potential tenants without being there.Like everything - property management takes practice, trial and error and the willingness to take risks so you can learn a bit faster. 

First, Here is some practical information on cash buyers.

I needed to relocate to Atlanta for work in early 2022 so I wanted to pull a Heloc out on this property to purchase a primary up in Atlanta.

Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them.

Particularly be sure to include your goals for real estate investing so that folks can help you. 4) Review this comprehensive 64 page deck on the state of the 2023 housing market for real estate investors put together by Dave Meyer and available for all BiggerPockets members.5) Consider meeting with a few Atlanta area agents - even if you are just getting started, an investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties, or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators). 7) There is a webinar tonight on making 2023 your best year ever.

I also wonder if dissolution would lead to some practical issues, such as does the HOA itself own any real or personal property? 

Networking is always a great practice and you never know who you might meet there and what good information they have to share.