But does a systemized, repeatable cosmetic rehab system save stress for the contractor?  

Growing up, my father stressed the importance of connecting with likeminded people.

It is more than fair of you to stress the difference, though. 

I personally prefer it because I am able to get a passive income but not with all the stress of tenants, toilets and trash.I would love to have a conversation with you about this side of investing, feel free to connect.

(Can I hear a less stressful life about to happen??)

This takes a lot of the stress out of doing the 1031 so you are not under pressure to locate something before that timer runs out.

Despite the fact that I stressed Real Estate I got into the construction business after college and stayed in construction business since I was 17 years old.  

I can't stress enough how important a strong foundation is to build your business.

I can never stress how important it is for first timers to spend time talking to lenders, they are the one who are going to finance everything you do early on.

I would stress that your buying the lot not the home since the buyers will be demoing it and let them know too that the buyers are backing out quick if their offer isn't accepted soon.