@Dave Foster / @Marc Dupuis I work in corporate lending so  I totally get the concept of depreciation for tax purposes, but I didn't know using an FHA loan would preclude us from eventually rolling over those gains into a future investment (that's what you mean by 1031 right?).

I moved from the banking industry and am now working with an incorporation company here in DE. 

Also, if no other home has certain upgrades such as granite and other really nice upgrades such as ceramic tile kitchen and bathrooms, then those wound not add value either.  

I believe the owner today does everything by mail, but I plan in incorporating COZY.co in the future to automate things better.    2.)

Aside from entity incorporation there are a lot of other hoops to jump through regarding licensing and properly registering your property in DC you should make sure you understand.

They didn't incorporate my payment terms so I stepped out.

Is the existing foundation in good shape and can it be incorporated into your new project?

-bathroom: incorporating the mirror cabinet into the woodwork and pre-installing the holders for the bathroom curtain-and many others which probably I don't see since not being in biz for long...Thank you

I occasionally use ceramic tile in bathrooms and kitchens.

If you are still going to do it in the kitchen anyway, use a patterned tile wherein cracks will not be very noticeable. ...Well, porcelain and ceramic would crack under that set of circumstances, and probably even travertine since it is soft.