Can you get a view of the sky Tim?
I have a beautiful river behind my house, and originally had my camera showing that.
But, if any of us were behind the house toward the river, we would show in the cam also. So for more of a privacy thing, I raised the camera to show the mountain behind the house, and the sky. It really is need to watch the clouds pass by, and the storms come in watching the video.
So, because of your HOA, I don't see what would be wrong with a sky shot.