Primary residence mortgages require you sign documents stating it will be your primary residence and you'll live there at least a year.

in Oklahoma is a real estate license required to manage properties?

If it is interest bearing than most states require that a portion of the interest goes to the tenant.

If your using financing the bank requires this.

If that means renting it out 2x for 1 night each, then so be it.I'd recommend doing everything yourself for 2024 to meet the material participation requirements.

Modern codes might require 5 in a room like that.

Self-managing the STR has some great tax benefits if you meet IRS requirements.  

Summary: Portfolio product with 1% minimum down payment and no PMI requirement designed to benefit those heroes who serve and protect our communities.

Quote from @Lolo Druff: Just like turn signals, you should always trust, but verify that the seller is telling the truth.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

Either way, it sounds like significant renovation will be required.