I've been reading some topics here on this, but it seems like the legal issue depends on certain conditions.

I'm looking at a 4 br place in a residential neighborhood (TX), so it's nowhere near a college or anything, although it's a couple miles from a community college. Would it be legal in this situation to rent out the 4 rooms to different people or would I need more information?

What if I myself am living in one of the rooms? Would it be legal if I rented out the other three?

Or, what if I leased out the entire house to a group, would that be legal? For instance, say I find 4 different tenants and I bring them together for create one lease contract and if anyone leaves, then I would redo the contract. Would that be legal?

Renting out each rooms looks like a much bigger hassle, but it seems like you would be able to generate more cash this way.

Any help is greatly appreciated, this forum has already helped me out tremendously.