If rates rose to 6%, then for the same $1347 monthly payment the home would need to be priced at 225k which is a 25% reduction in home value which we can consider as our theoretical worst case scenario. 

Value-add costs rose up significantly compared to where they were even 2-3 years ago, because of inflation on material costs and labor shortage.  

Have you considered just replacing the bad pieces and painting a nice, contrasting color?

I'm not sure where you are, but I am sure there's different colored trucks around, and everybody is looking for drivers, especially mixer drivers.

When we were flipping homes, I would give my wife 2 or 3 choices (color of a counter, type of appliance). 

This is very labor intensive.(2)  The particular color of the floor is no longer available, even from third party vendors.  

They were built in the 1980s and had a peach color paint and red tile roof.

[4] Attractive color bricks used on the house, how often have they had to be repointd to keep up with the foundation movements (???)

Please include your Brand name, Model/Color, approximate cost/sq.ft., if you order it Online and delivered or pick up at your local big box store, and finally why you liked it.

@Rose San Filippo, welcome to BP.