You're realtor is obviously not licensed in DC and his research comes from magazine tabloids from the grocery store because that is the only source I could imagine would offer that bunk.

You know some of the Family Dollar stores are going to be closed as a result of this deal. 

We offered a  clean out of all the unwanted items with our offer.

If you can answer those 7 items, you should be able to come up with a pretty good idea of whether its a good deal or not:1) What is your actual cash investment (down payment, rehab, etc) to get the house?

Do you also return clothing to the store after you've worn it a couple times?

Each of you listed many items on the expense ledger that were probably not taken into account.  

Is it something generic that I can buy at an office super store?

Go to a paint store SW/Porter/Ben Moore and ask for pre-catalyzed epoxy.

National and local vendors provide services to Fannie Mae, improving items such as flooring and paint.

Is there any other items that will depreciate faster?