Only a 1% allocation from Wall Street would cause a mania unlike you've ever seen before. 

I would allocate this money the following way, but not invest all of the money at once.

Once you account for kitchen supplies and a never-ending list of small things around the house, you can easily allocate $2,000 to the overall supplies category.Appliances - if you’re lucky, your property already comes with everything included.

@Andrew LentzI'm not sure what your experience is in Corporate America, but you might want to allocate some of your mental bandwidth for adjusting to this brave new world you are about to enter.

I've not been working at this long enough to have encountered major sticking points yet, but of what I can foresee:Being that I'm experimenting with this and want to keep the other parts of my FI goals intact, I've set an RE allocation for my overall portfolio and I'm trying to stay disciplined about it.

How's the parking lot expense allocated?

That said....Your post seemed a little bit like you're unsure how you want to allocate your money.  

It also seemed like an aggressive play of the tax code, personally, but have never done it.Typically, we don’t do another cost seg study upon exit, but on larger properties, we can do a sale allocation study which will reallocate the remaining depreciation in order to minimize the recapture.

The portion that is allocated to your primary residence you could sell and take the profit tax free. 

If I purchased a unit that was cash neutral after properly allocating for all expenses at the beginning of 2020 that was renting for $2500 and had average rent increases, my rent would have increased over $1.1k/month.