The story linked below is mind boggling. A developer appoints himself as president of the HOA and appoints friends and relatives as board members. Then he proceeds to buy up 80% of the units making him eligible to force all remaining homeowners to sell their homes to him. Now people who used to own their own condo units have to rent them from this developer.
It should sound familiar to you. This kind of fascist neighborhood takeover has been happening for some time in Florida.
Now, what do you think about joining an HOA?