Sure you can get away with it , until a home inspector looks at the dates on electric wire , or pvc pipe . 

What are some strategies you are using to find deals?  

Metro Atlanta, generally speaking, respective markets 30 to 45 minutes from the City, will be tight on cash flow unless you implement a creative investment strategy, such as short-term rentals, medium-term rentals, or rent-by-the-room properties, or allocate at least 30% to 35% towards your downpayment if you intend to hold the property as a long-term rental. 

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

So is there a way to get away with 24 month contract?..

Hi Malcolm, With your strategy of holding multi-family properties or flipping, the key is running the numbers carefully to match your goals.

They can and will fine you heavily and order you to remove it completely if you don't go to them first and ask for an inspection and do what they want to make it legal and permitted.Don't try to "get away with it".Be a businessman and fix the problem the right way.

And do they care if I do rent by the room strategies?

Andrew will give you some great guidance on investing in Texas regardless of your exit strategy.

I work mostly with investors doing just what you are seeking, the BRRRR strategy.