Because its essentially all enclosed, I believe the idea is that they can charge a premium. 

It serves not only as a great tool for networking and establishing connections but also for enhancing your knowledge.I also recommend joining local Facebook groups to further increase your networking opportunities.Wishing you the best of luck as you begin your real estate investing journey!

While beneficiaries have the right to benefit from the trust assets, trustees hold legal ownership and have a fiduciary duty to act in the best interests of the beneficiaries.If your goal is to ensure that the properties you own pass down to your intended heirs, it is essential to list those individuals explicitly as beneficiaries in the trust document.

Biggerpockets has some great tools to anaylze deals:https://www.biggerpockets.com/investment-calculatorsAlso, YouTube will go a long way in helping you learn...plus maybe consider coming to some of the local chicago in-person events: https://www.biggerpockets.com/forums/521-real-estate-events-...Maybe connect with @Cam Schwartz he's a local Chicago lender, and I have seen him closing lots of deals with investors lately.Are you looking to do deals in Chicago or any particular area?

I also live with my parents still so my expenses are essentially just my car, food, and Phone bill.  

Grand Rapids is definitely a good market for multifamily investment as it has also seen rent growth unlike other parts of the country for multifamily.It is also a more affordable place to invest compared to other parts of the country and Grand Rapids is generally landlord friendly.A quality property manager is essential for an out-of-State investor and there are some good ones locally.To Your Success!

DSCR loans are also a great tool if your rental income supports it.Biggest challenges for new builders are delays, budget issues, and team management.

Any tools I should look into for these metrics?

It's an easy way to get funds for an ADU without securing a separate loan.Renovation LoansIntended for home upgrades, these loans can cover design, permitting, and construction costs for an ADU, making them an all-in-one solution.Private Lender LoansSome private lenders offer financing specifically for ADUs, with faster approvals and more flexible terms compared to traditional banks.Why it matters for agents and investors: Real estate agents can guide clients toward these financing tools to make ADU conversations easier and more practical.

Another thing I would mention here is that if you are in a dispute with this other party and want your rights represented, legal counsel is an essential part of the process.