To qualify you would have to spend more hours managing the ADU than you do working on your W2 or your business.

Single ADU on duplex or triplex is allowed for non-commercial f/f. 

Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged by the ADU (HELOC, cash out refi, etc).

@Enrique Toledo  Any update on this potential deal and what you wound up doing?

Current situation I have a primary residence in MA and a SFH home LTR in Akron currently on a 1 year lease.

I've got about 7k in an emergency savings account.I am in the process of getting several mortgage pre-approvals to compare fees and get an idea of how much home I can realistically afford.I have yet to find a buyer's agent/investor to help me identify potential homes but will start on that shortly.Ideally, I would like to buy a single family home.

For example, should we focus on acquiring one high-quality property in a strong market, or would it make more sense to spread the investment across multiple lower-cost units in emerging areas?

Wife worked at the time so that helped on first home. 

I want to do a bank statement loan(I’m an independent contractor)with just me on the new loan in Texas .

It really all depends on the amount of risk you want to involve yourselves in.