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.

Turning the management of the rental over to a property manager can relive a lot of these issues.

He is an investor, investor focused realtor, STR property manager and handles everything from Step A-Z.

Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

I would focus on a duplex first so you learn house hacking and management of one tenant.

My markup is always lower than the original lender's because I don't spend money advertising during the Super Bowl, my president doesn't have a corporate jet, and we don't have layers of management we need to pay.

Your reserves should be part of the expense calculation: PITI, maintenance, capex, vacancy, property management, etc.

Miami is a great place to invest both for short and long term rentals and with condos, property management is simplified but be sure to ask about HOA fees as early as possible especially if you intend to go with a DSCR loan.

Ask yourself would you invest your money with an 18 year old new investor with no experience buying, or managing investment real estate? 

You’ll want to invest in areas that have tenant interest but also aren't on the extreme end of neighborhood quality—this means avoiding the very toughest spots, where turnover can be high and managing tenants can be difficult.