It also saves you the time from having to do the task so you can have time to do other things that generate a higher revenue / per hour.

Then it is a win-win-win situation, investor wins because he does not have to go do a lot of research , invest smaller amounts, get a single K-1, sponsor wins because he can raise larger amounts from a single fund of funds entity and fund manager wins by generating income from the spread.

Investment income can probably count as well but I'm guessing they would look at your last couple years taxes to see how much income it generates.

From what I've seen though it could be a great way to generate solid cashflow which could fuel an investment strategy. 

Yes, it's just a melding of 2 common things; Turn-Key and Seller Financing, both of which have been around for generations. 

How come more landlords and flippers aren't recording evictions and posting to YouTube to generate revenue?

Do you think in Dallas or Austin TX will I be able to find properties that can generate some cash flow? 

My goal is to generate some passive income.

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As an investor, the goal is to generate consistent residual income.