My question is - what is the best strategy for utilizing my home equity and buying my first rental?

Especially if you get a long term resident in the ADU and then you might can utilize them to help on your turns of the MTR. 

I see a lot of posts for furnished monthly stays where owners are fretting over utilities and how to ensure a tenant doesn't abuse their being provided.

I think that organized crime will utilize these currencies as well but who knows how it will be regulated 🤷🏻‍♂️

Utilities are typically $350-450/month for a 3/2.If you have any more questions feel free to reach out!

Assets identified in this study include:Infrastructure and Site Utilities: signage, site lighting and utility sinksLand Improvements: sidewalks, landscaping, fences and parking spaces50% of the total depreciable basis was classified as 39-year class life.

I hired a GC to manage the build out, but there has been no consensus on who is responsible for the utility payments (Water and Energy). 

This way you're able to utilize conventional loans, each of you are allowed 10 of those.

Also, verify ALL utilities (don't believe that dang Realtor for one min Wink ) go to the county for sewer and water.

., utilities, mortgage, etc.).