Banks lending commercial funds for mutlifamily acquisitions have fewer restrictions on the situation with your W-2.Otherwise stretch your money by marketing for distressed sellers.

@Michael Baum, actually Florida State law dictates that if they open it up they can’t then go close it back, they are only allowed to be less restrictive.

Different lenders have different restrictions on their minimum mortgage amount.

We never thought of the condo route, although it can be an option assuming the association does not have terrible renting restrictions.  

Don't restrict yourself to a local accountant.

In those areas you may also have HOA restrictions on ADUs

However, since the large NYC tenant population would benefit from such largess, the votes go the way they always go and NYC holds sway over the entire state - ruining our way of life here that is profoundly different than the values held south of the Tappan Zee bridge.To add insult to injury: Given, we're still mired in a much more restrictive state eviction moratorium because of an EO by the King Gov that has lasted from March of last year until at least May 1, (bet ya $100 it will be extended again).  

Hopefully once COVID restrictions have loosened we can meet at one of the various meet ups @John Whitfield

. :-)What is an average penalty in VB area if the condo association considers that the owner violated rental restrictions?

Conventional loans are sold on the secondary market and have federal restrictions (Fannie Mae, etc.)