We bought a single family home in georgia last month as inversters intending to rent or sell. Dec. 7 after a renter has already moved into the home i recieve a letter from HOA stating there is a cap on rental and we have to occupy or sell. Should the closing attorney or listing agent have informed me of this? Especially since i was buying this hud Govmt. Owned home, as an invester. I would never have rented it had i been aware of cap. There were no HOA rules given to me at closing.
Thanks jill in georgia