While you have your flipping networks set-up you now have nice capital to deploy into quality, appreciating, cash flow producing real estate like multi fam buildings, luxury SFHs in resort areas. 

Would you rather have your money in hand to re-deploy it again?

If you are a rehabber, with excess inventory of properties that need to be rehabbed, the issue is not where to deploy cash to hence tax certs may not be on the radar.

I've been doing long-distance management for ten years, even while I've spent most of that time deployed to the Middle East.

As someone who is looking to deploy a decent amount of capital next year, it's helpful to hang out with and learn from some like-minded people. 

Our mid/long-term growth prospects are promising and our stable and recession-resistant market dynamics make it a great please to deploy capital!

You may have to be open buying several units in more than one market in order to deploy all of your capital and avoid getting taxed. 

Great cashflow and pretty stable.Investing in a syndication as an LP might be good option as well..If you're going to deploy 500K on your own, you have to become very knowledgeable in RE first.

I am looking to deploy my cash into a multi family property that has great cash flow.

At the moment, I am not buying in Cleveland because we have deployed a lot of capital in stabilizing our multi family assets but I still think there is abundant opportunity in Cleveland.