Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

I’m currently working on obtaining my real estate license in Texas, with a focus on property management.

Some areas have restrictions on short-term rentals or even renting out part of an owner-occupied home.

I just reached out to a host on Airbnb who has properties I want to try and model mine after (based on AirDNA data).

Obviously, we need to focus on who we elect into office and fight for the rights on zoning, even though you get negative feedback for density and ADUs.

Hi @Alex Lee I would avoid 203K loan and work with conventional renovation loan based on knowing you'll be forced to use 203k certified contractors which will cost more money and offer inflated pricing because they must follow 203k guidelines. 

They used to talk about the 2% rule, which was basically a ruse to get you to buy in the absolutely worst part of town where you got 2% on paper and only on paper.

The dirt is worth about 450k because of the amount of units you can put on it.  

Check it out and see what it's about before it gets too out of control on here. 

What is a good target or Cash on Cash Return?