I would have thought that all activity would then be classified as ordinary once the entity is a corporation and there would be no distinction between capital gains/investing and ordinary income/development.

Pittsburgh is the one place in America where a distinctive plural of "you," not the simply illiterate "yous" or "y'all" exists.

I would ALWAYS suggest including the local police non emergency line, that comes in handy often and prevents unnecessary 911 calls.Even if utilities are paid by you, it's not a bad idea to include the numbers of your eclectic, gas, and water providers- even if their names aren't on accounts, they can find out when power will be restored quickly (saving you or PM a three am call maybe)As far as gifts go and actual items, things that would apply to most everyone in being useful seem like a good idea (an not offensive in any way like scented candles - those items are not across the board items) but things like nice dish towels, simple kitchen tools/gadgets, a welcome mat, fridge notepads and nice pens, etc. 

Fair amount of overlap with REITs, but with some distinctions it seems, and then of course there's the "techy" blockchain differentiator.He's got a Beta app in the works, which I'll be testing in the coming months -- he opened a waiting list for anyone interested in being an early user.I'm reaching out across multiple channels to aficionados/experts in the space before I get involved any further, so would love any input.

Fair amount of overlap with REITs, but with some distinctions it seems, and then of course there's the "techy" blockchain differentiator.He's got a Beta app in the works, which I'll be testing in the coming months -- he opened a waiting list for anyone interested in being an early user.I'm reaching out across multiple channels to aficionados/experts in the space before I get involved any further, so would love any input.

Few GC I have reached out have shown me very distinctive cost for the same work, and some of them don't even want to touch any building like this old.

This distinction is important because the land improvement is 15 your property and even the capital improvement to the land improvement will qualify for 100% bonus deduction.

They're such distinct ideas and I don't see any academic or intellectual connection between the two, so that's a confusing conversation to have. 

I wonder if instead of selling the entire bundle of rights to a $2,000,000 property all in one transaction, as is customary, a creative attorney/title agency could be hired to carve up the bundle in to 5 distinct sales?

You need to have a separate entity and a distinct plan around making such a structural change to your rental business.