Those are two separate decisions.

In my area I'm allowed to rent it out that way but I don't plan to get separate addresses because I want to be able to have the flexibility to remove the doors I'm putting in should I ever want to sell it as a SFH in the future.

Enclosure: It must be its own separate, enclosed space with a door.

On a separate note, they may still want to come (if the airports let them in) and find another place to stay even if it's on the other coast or further north, depending what make it through, if they use the wait and see approach.  

So we are currently working on separating the parcels so that the single family home has its own parcel and the church has its own parcel.

First I want to thank you for reading, I am new to the investment market and the idea is exciting and terrifying at the same time.A few facts:Purchase Price: 325,000Rental Income Estimate: $5250Property details: This is a 3 door property:1. 1/1(main building)2. 3/2(main building)3. 2/1(separate building)Repair estimates to get all 3 properties up and running: $145,000 - $200,000I do not have a ARV since its very unique there is not anything we can compare to but I am looking to get a third party appraisal.Plan is to do a mortgage for the property with cash down payment.

@Emily Ellis I'm not a lawyer, however several properties in my area I found thru 2 separate wholesalers, turns out they were marketing a property which was listed on the mls and they were "in contract" which was bs, ended up one of my agents brokers were the listing as g ed NY and pulled the the excepted offers from them.

Be also mentally and emotionally prepared for the folks that think just because this is not your primary home, it's somehow less of a catastrophic event for you because others did lose their primary homes.That's why it's vital for you to form support networks with people who are in your same boat - ideally in the same community.This truly pains me to share - but most of the disasters I'm seeing across Western NC are going to be considered flood events and if you do not have a separate flood policy you will likely get no coverage.

I’m good with having four separate bank accounts and separate filing but wanted to get feedback and thoughts on this entity structure. 

Or would they only get the 250k for single person since they have been living separately?