Simple enough.What makes it unique is that we have operated a profitable and successful business out of our home for nearly 4 years as a highly booked Hostel and event space + potential urban market farm.

The reason behind that is simple: maintaining infrastructure for low density single family housing is cost prohibitive. 

The reason is simple...asset protection.

You can usually find some events by doing a simple google search.

It looks like a very simple or basic apartment, and it needs some serious design pieces.

In my experience, keeping things simple and straightforward with sellers works best.

Is the process as simple as finding a local builder (one that was recommended has 15-20 yrs exp.)? 

I do have a contractor bidding it tomorrow, I was just hoping someone would have a rough $/LF or something similar to use for a ballpark, but figured it may not be that simple since it of course depends on specifics.

Regarding your 2nd floor kitchen faucet that is experiencing low water pressure, it's likely a simple fix such as the faucet aerator (a screen that helps create a smooth stream of water).

While it’s relatively simple and can help you find deals, it’s also time-consuming.