Ceramic tile has some obvious drawbacks imo....

The only drawback to CO is your available capital and your desire to start with smaller deals.

It has drawbacks. 

That's a better question, weigh the benefits and the drawbacks. :)    

biggest drawback there are the schools, PC schools are pretty good but not as sought after as some others.  

There are two drawbacks though- $.50 charge to me per transaction and it takes a couple days to be deposited from when they send the money.

Make sure she fully understands the risks involved & all of the benefits/drawbacks that can come from investing.If you plan on taking partners on also make sure the partners wife is on board as well if they have one.

If the initial numbers look good there’s no time to waste and we understand the need to get the results of the evaluation back to you ask quickly as possible. 6.The draw back to an appraisal, you’re hanging your hat on one individual’s opinion, the turn time is 5-10 business days, appraisers’ expertise is in establishing the As-Is Value not the After Repair Value.7.We do require a $2500 deposit to get access to 100% Financing.

If you are just a little disciplined then there are a ton of benefits with no particular drawbacks.

You likely wouldn't get that from a non-family member due to your lack of experience, but your father likely wouldn't be able to trust a non-family member nearly as much (regardless of experience), so there are benefits and drawbacks for each of you.