I need to figure out the drawbacks of such an investment 

Are there any drawbacks to filing this quit-claim? 

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.

I want to know more about the individual benefits and drawbacks of the different multifamily strategies (syndication, going solo on a deal, etc..)

There are many draw backs to the “taxed advantaged” government accounts like 401K.

I came across a property and started a new llc with my sister and purchased another.My thoughts are to start a new llc with my wife for our own personal properties that are under our name, which will free up personal debt.I then want to start another llc with my bro in law and buy more through that llc.Does anyone see drawbacks?

I'm an OOS investor and face the drawbacks of actually visiting and managing a project in-person.

@Brad Sneckner from a lender's perspective, do you see any drawbacks to the FHA loan besides MIP.

Or do some banks - large banks vs small local banks  have any obvious benefits/drawbacks to real estate? 

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.