Honestly if you are never planning on moving back to the house (or the area), you are not going to cash flow especially after you add in insurance, repairs and maintenance (assuming property taxes are part of your mortgage).You have a friend willing to buy it off market-double check fair market value and sell it to them.My understanding is I would pay zero in Capital Gains because it was my primary residence and I lived there for over 2 years.

Hi Jonathan Greene - I live in New Jersey and would like to eventually get into BRRRR.

The government (so far) will not force you to live with people you don't get along with.Likewise, you don't have to subject yourself to the health risks.

I am 28 years old and currently live in Findlay, Ohio.

Also want to name, I live in a STR permit approved area. 

My brother's rental is a little over 1,000s sqft heated living area, so the ADU would only be permitted for 500 sqft in Winston-Salem, according to information I found online .One advantage of an ADU I believe would be the ability to hook up to the primary residence's utilities. 

Hi Greg, when you say your primary home does that imply that you live in the home?

I can easily afford the NOLA mortgage while living there but was hoping to rent out the property after the project is completed. 

I understand that I should have a separate bank account from my personal checking/savings, but based on my research, this first deal won't necessarily provide cashflow with me living in one of the units (it will when I move out).

Depending how much you earn you can step up those savings by getting a side-hustle.