VMware vSphere ESXi
Impact/Risks:
Deploying such a configuration can lead to unexpected results like connectivity issues, low throughput and asymmetric routing.
Configurations with more than one vmknic interface on the same IP subnet is not supported.
For exceptions see Considerations for using software iSCSI port binding in ESX/ESXi (2038869) and Multiple-NIC vMotion in vSphere (2007467).
Even if the correct vmnic is connected to the management VMkernel, the ESXi host may not reconnect to vCenter due to the multihoming configuration. To resolve this issue, all VMkernel interfaces on the same subnet must be connected to the appropriate vmnics. Although multihoming on the same subnet is not a best practice, ensuring that all VMkernel interfaces are properly mapped to their respective vmnics can help restore connectivity and resolve the host's "not responding" state in vCenter.