@Michael EalyWhen you start with huge disadvantages, and I think your analysis is very spot-on there about it for Millennials, there's more of a tendency to become institutionalized in tenant mentality, the mindset of people who pay rent and expect a certain amount of free maintenance versus people who pay a mortgage and understand maintenance is all on them.It's all well and good to imagine yourself taking on the many do-it-yourself maintenance challenges of home ownership at 25, 30, 35.

The advantage of this approach are:As an owner occupant, you would be eligible for a high-ratio, insured mortgage (95% LTV for a SFH or duplex); you would have "roomer"s living in your own house, so it is easier to evict a poor tenant {from time-to-time one is bound to get by your screening}; since you live in the house, it is pretty easy to be the coxswain and keep things tidly and the crew in-line; if you were in New Brunswick you would also benefit from the owner-occupant exemption from the provincial portion of the  property tax (about a 40% saving).The obvious disadvantage is that you will be sharing your living space with your tenants  {find a home with an en-suite and you'll have a private bath}.You still need to do your homework.  

There may be advantages or disadvantages to one over another but the downside is the same once the lender gets wind of it.

I primarily target seniors that understand the term of a lease is irrelevant.Aside from the disadvantages for the landlord of allowing a tenant to control their property for the term of a lease the coming of the end of a lease also prompts a tenant to consider moving.

Both models have advantages & disadvantages.

And the little bit of information I could find about this on bp and the internet it seems I've really put myself at a disadvantage having a license and trying to target these off market deals. 

I was wondering what the advantages or disadvantages were to creating a LLC business to purchase all your properties under or even further an LLC for each property your properties.

Now as someone living far away, you have severe disadvantages when it comes to checking in on your contractors and your property manager.

The biggest disadvantage is you don't want to be too different (like different siding or roof colors) from your next door neighbor despite your preference. 

I guess there are advantages and disadvantages to both.