Does this HOA covenant means no "room-by-room" lease?

[Sunjae Bae]

Hello, a newbie to BP and REI in general here. Excited to join this community!

I'm looking into a townhouse right next to a big university complex; potentially leasing individual rooms (or the entire house) to grad students. I just checked with the HOA covenants via my RE agent, and it says:

No Structure shall be occupied by more than one family;

How should I interpret this? Does this rule out the possibility of a "rooming house" operation? It's a 3/1.5 townhouse and the city allows rooming houses. 

I've asked my agent if we could get the answer directly from the HOA, but just wondering what the general sense would be since I might face similar situations down the road.

Thank you!