Yes, this is an unsexy option and it doesn't offer the same tax benefits, but you would benefit from reduced volatility (so long as you don't obsess over fluctuating stock prices), greater liquidity, stronger management teams and superior assets.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

The house I currently own, I am saving over $100k (estimated) on the rehab cost by partnering with this builder (and it takes me out simply finance the deal and, hopefully, make a very good profit).But to your point, flipping is not what it used to be.  

Dave’s team saved me from all that.

Taxes/Insurance- depends a lot on where you are located.The homes themselves- POH or TOH? 

Note that I live in the Netherlands, which has many tax laws.thank you 

@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

I do intend to stay close to home - but home provides only annual opportunities and I’m looking for year round possibilities with tax deed properties. 

I would just make sure you're saving for reserves and expect that first year to be really about learning the house.

I used to live in the city and the taxes and water bills are nightmares.