And it looked like there had been some damage caused by a small fire plus the entire room was completely dark yellow and black due to many years of cigarette smoke plus multiple cigarette burns in the  carpet. 

Rehabbed the kitchen: tore out all upper cabinets, cleaned up some mold, repainted the walls/scraped the popcorn ceiling, put in faux shiplap (8in plywood strips), hung up open shelves, installed new light fixtures, painted inside and outside of under the counter cabinets (dark Blue), replaced drawers, added new stainless steel cabinet/drawer handles, tore down non-load bearing wall, replaced tiles, re-routed light switch, and painted window panes.

Tore out all upper cabinets, cleaned up some mold, repainted the walls/scraped the popcorn ceiling, put in faux shiplap (8in plywood strips), hung up open shelves, installed new light fixtures, painted inside and outside of under the counter cabinets (dark Blue), replaced drawers, added new stainless steel cabinet/drawer handles.

School closures will disproportionately impact blue color. 2020 housing market boom is fueled by blue color, they are the last wave. 

While it does provide some Twilight Zone-esque dark comedy, it might also convince some of the younger, less experienced investors to act on it and ruin their lives.

I see some (non favela) properties at relatively good prices but it seems like the area is dead after dark and all day on Sundays.

My guess is that your CPA's comment was colored by the fact that he assumed you would be buying a turn key property (which are trading at a premium right now). 

Live in complete darkness until you move out (3 points)d.

I can agree to payment plans with all my tenants except those that drive diesel cars, believe the earth is flat, or think dark chocolate is better than milk chocolate.

This is my first time doing a remodel and was wondering what color scheme I should go for.