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Old 05-26-2014, 11:51 PM
 
Location: Between amicable and ornery
1,105 posts, read 1,788,081 times
Reputation: 1505

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Are there any communities/HOAs that prohibit owners from renting out their property or bans investors (non-owner occupancy? Is this illegal?
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Old 05-27-2014, 12:06 AM
 
2,928 posts, read 3,554,150 times
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Plenty.
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Old 05-27-2014, 08:50 PM
 
Location: Portland, OR / Las Vegas, NV
1,818 posts, read 3,838,313 times
Reputation: 985
Mar A Lago in Desert Shores. There are some properties that are grandfathered in.
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Old 05-28-2014, 12:00 AM
 
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Not illegal and pretty much required in some parts. If the rentals get to be too big a percentage of total residents it can be difficult for a new buyer to get a mortgage to buy into the community.
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