Youtube videos are also an option but they might simplify things too much for a 25 min video. 

Typically when you build a new home on an existing foundation you do not need a site plan so that saves a lot of time permitting and simplified the construction as well.

Typically when you build a new home on an existing foundation you do not need a site plan so that saves a lot of time permitting and simplified the construction as well.

Typically when you build a new home on an existing foundation you do not need a site plan so that saves a lot of time permitting and simplified the construction as well.

Might be best to simplify and sell now and avoid future stress.

I thought it would be worth the $100-200 a month to not piss off my collegiate roommates, but that strategy seems to simplify it.

“CFPB’s approach to expediting and simplifying the recasting of loans for those in forbearance is not only a good move, it will be a critical move in helping to stabilize the housing industry, community housing values, and the short and long-term benefit of service providers as well as individual homeowners.

Removing the communal kitchen part of the plan may make this a bit more simplified though. 

Based either on an appraisal (best) or on your Realtor's opinion (2nd best) or on your own guess (not really the best) - you now allocate $400k of the $500k sales price to your residence, and the remaining $100k to the rental.Result:Residence: Capital gain = $400k - $220k = $180k, all excluded from taxation.Rental: Capital gain = $100k - $60k = $40k, of which $20k is long-term capital gain, and the other $20k is depreciation recapture.Of course, I over-simplified my example by ignoring complexities of depreciation, improvements to the rental side, closing costs and a number of other factors.

That's a simplified example.But, also, understand that having any negative cashflow limits your choices today.