@Rebecca Busch - Finding a RE specialized tax advisor is not an easy undertaking.

Depending on the county, getting power, water and septic/sewer is a major undertaking and cost.

The following looks at hypothetical purchases, anecdotally and in relative isolation, meaning there may be a reason (for instance to generate large tax losses for "active participation" investors to offset other income) for some individuals to undertake a particular kind of purchase.

Unless you have a strong construction background, I highly recommend you do not undertake this work on your own.

A failing system typically cannot be simply handed off to a buyer without remediation and replacing an aging septic system with a modern alternative treatment system (ATS) can be a significant financial undertaking.

Agreed, $50k~ does not go very far as a 20% downpayment in St Augustine lately, and although you mentioned you have a higher risk tolerance, that would be a lot of debt you would be undertaking between margin, your existing rental property debts, and the new debt with the planned purchase.

I am time poor, so I do not wish to undertake this myself.

While I have sufficient capital to undertake 1 or 2 flips at a time, the high cost of properties in the DMV area makes scaling challenging without resorting to interest-based financing.Is this feasible, or is it a stretch?

It would be a big undertaking for us, but we do plan on working on it in the near future.

Limited Resources: Solo investors may face challenges in terms of financial resources, limiting the number and scale of projects they can undertake.