With your down payment you should be able to be cash flow neutral at a purchase price of about 1.75 mil to 2 mil.

The savings can be used to buy another investment property that will give you at least neutral cash flow and you can still totally deduct the mortgage interest and state taxes on your investment properties instead of having those deductions limited in your single family home.

I have a couple rentals that are cashflow neutral after accounting for capex, maintenance, and vacancy.

Would look terrific, and more towards the neutral (which is always better when you're flipping).

Usual upgrades are LVP flooring in all common areas and bathrooms, neutral tone paint, paint the cabinets, new lighting and fixtures, and stainless steel appliances, which I really believe makes all the difference in the world with C-class apartments.  

It was an outlier in my investing strategy and no longer fit my profile.The goal was to make it as neutral as possible while using a modern color scheme.New floorPaint - Walls, Shower, counter top, fire place.New bathroom Updated the master bath New appliances It listed it and sold it on MLS in 5 days with multiple offer over asking.

Back in the day, appraisers were (as it states in every real estate course in the country), a "neutral third party who decides the real value of a property".

That's 6.5 months inventory, which this guys shows at being right at top edge of a neutral market.

If the property were placed into an Illinois land trust, with a neutral party as the trustee, you could set up an occupancy agreement where #1The existing owner keeps his financing in place.#2 you have almost all of the rights as a homeowner (tax deductions, rights to dispose of property etc.)#3 the only way you can lose the property is if you do not make payments (at which point you either pay off the property or it goes back to the original owner.)#4 properties in a title holding land trust are not subject to the Due on Sale clause found in all mortgagesTo help the seller have more confidence in you, you can place say 3 months payments with the attorney/company that is the trustee.

Earth tone, eggshell or tan sand colors are a neutral favorite of many, so unless you have a floor that is going to clash with it, earth tones are a safe bet.