Steel Appliances 5.

I think you need to use the high-heat appliance paint you would use for a stove.

Just to make it clear, I have rehabbed the house to like new ie, new windows, doors and siding 2015, new driveway 2014, new roof 2013, new appliances 2013, new furnace 2016, new composite deck 2015 west side of house and 2011 east side of house, etc all in an effort to mitigate future expenses. 

Having nice properly working appliances and taking care of these small nusience items are not even upgrades, this is what people will expect when they rent your home.

I’m under contract for a gut rehabbed two flat with no appliances.

Also, for some reason, with the 203k loan, you can't put in stainless steal appliances or granite countertops.It's a lot of extra paperwork and organization with the 203k loan but as long as you're working with people that know what they're doing, it's great for first time investors that don't have loads of extra money for renovation :)Marie

That includes in addition to your normal operating cost, items like carpeting, improvements, long term appliances, roofs etc.Part of the benefits of owning real estate is that you can potentially shelter/defer income from being taxed.

Include everything from paint, new appliances, new flooring, landscaping, roof/gutters, need HVAC updated. 

That looks like a lot more than 10k per apartment by my estimations, especially since you will want to update all of those appliances.

He said that the appliances will be mine, but for the purpose of the contract, they need to be unchecked.