As @Brian Eastman elaborated there is nothing in the tax code specifically allowing this scheme.

I'm not selling any mlm, pyramid scheme product, or anything like that.

Does anyone on the forum have experience with the appropriate insurance scheme in a grantor trust or land trust scenario?  

A nice kitchen with white cabinets can really sharpen up things a ton and be easier on the budget.Get some input from someone with some knack for color schemes / aesthetics if that's not your thing.Obviously the tips above imply more of a heavy time investment for less money kind of approach.But they lend themselves to getting a nice result for less money and a high quality tenant if you are renting.....Again take it for what it's worth, there are a ton of ways to do things and more than one way works.Jim

Sounds like a "get rich slowly scheme".

For example, the $1500 for painting would get me a 3-color paint scheme in Atlanta (ceiling, walls, trim)...for this house, I'm expecting a 2-color paint scheme (ceiling/walls and trim).I'm guessing that labor prices here are about 20% more than Atlanta, but I haven't verified that yet.

Lots of schemes and scams and shell games were possible in the past, not so much any more.

I suspect this is a pump and dump type scheme... caution is the name of the game. .you want to keep your personal credit personal..

What color schemes look the best?

This, works because of 30 years financing so even if market price going down a bit in certain years but overtime it would heal if we make mistake.This multiple asset leveraging, however, would not work in short financing scheme like 5 years baloon, so it is all possible because of 30 years loan.