If I didn't pull the equity, it would be cash flow neutral or positive.I'd be gambling I guess. 

Try to remember that you aren't living there so the taste should be neutral and the finishes durable.  

The rental income doesn't matter if the debt service is neutral or is actually above what they take in.

They need a neutral third party.

Neutral and modern.

I use the same neutral wall color and white trim -everywhere and chose a higher quality paint so its not typically a full paint job.

A cash flow neutral home in an up and coming area will blow away any $200 a door cashflow home in the Midwest over the long run. 

That's why a reasonable earnest money deposit that is forfeited as full liquidated damages provides the wholesaler with an exit from the deal without further responsibility to the seller.Also remember that a neutral 3rd party escrow agent may interplead the earnest money into a court of competent jurisdication in the event of a dispute (e.g., the seller disputes the release of earnest money because he thinks that you somehow hoodwinked him).

I've thought about using neutral (e.g., tan) colors, but man I think they're so generic.

You can ground outlets to the box/BX and a typical three-light outlet tester should show the outlet grounded if it's wired properly (neutral to the large blade, hot wire ("mains") to the other).Wiring doesn't "break", though bad connections can cause issues.