So if you have any pointer, it would be greatly appreciated, especially when it comes to contractors! 

There are many many variables in a price per square foot and it's best to know in great detail what you want/need so your contractor(s) can give you a more accurate estimate.

With none my own lenders, contractors, or reputation to draw from, for the first time, I had to ask for loans from family.

Try to update the electrical and plumbing on your unit and then the second unit above you.

He owed everything from trash collection, to city taxes, to contractor liens.

Also the CAPEX is imaginary, since the house has all new systems - new roof, new HVAC, new plumbing, new WH, new wiring, new floors, new kitchen, new bath - but I tossed it in there just so you'd have a number.

I haven’t gotten the exact cost of doing the electric but my contractor estimated we would need a pole to reach the house and that alone would cost $1800 plus hook up but I need to call the company to get exact amounts to see if it is worth it.

This requires more knowledge of contractors, conditions of homes, and a little more risk.

find a good licensed structural engineering contractor.... my coin.kudos,Mary

I have 4 people that work with me as a 1099 contractors, Accountant told me that i cant deduct taking them out to eat, is that correct?