To attract investors, offer incentives like high cash flow potential and tax benefits, and structure the deal with clear legal terms and contingencies to minimize risk.Good luck!

Then add any other codes required where you want to build and study those as well.

Do the tax benefits make it a good deal?

If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

And, factor in the depreciation and other tax benefits, deductions, home office, vehicle expenses, etc. 

I don't have a lot of experience, but I do have the ability to exchange my time, so that could be a form a currency that benefits them. 

It will familiarize you with the basic terminology and benefits.

I remain big on real estate because I love it and I'm taking a long view that our kids and theirs will benefit if we can lay a solid foundation.

But... what I need to review is how this is achieved as I would benefit from building the new unit as an ADU.

While an LLC can offer liability protection and tax benefits, it’s not essential for a single property—personal liability insurance and an umbrella policy may suffice for now.