Because I am focusing on very inexpensive land is the basic answer.The following is a quote from the first link I provided (Seth Williams of retipster.com):“When you’re pursuing vacant land properties the right way, there will be plenty of opportunities to purchase vacant lots for a VERY low price (we’re talking – less than a thousand dollars) and frankly, when you’re literally required to enlist the services of an attorney (at well over $1,000 a pop) to close these deals, the cost can far outweigh the benefit, especially when the mechanics of closing the transaction just aren’t that complicated.”So quite simply, anything I can do to eliminate cost is what I am trying to accomplish.

Do the pros outweigh the cons? 

Yea it has its cons but I think the pros outweigh the cons by a lot! 

It led me to wonder are private lenders making so much money deploying capital, that the opportunity cost of completing the rehab outweighs the benefit of completing the rehab.

It seems to me that the flexibility that comes with FHA/conventional financing outweighs the money saved upfront, and less flexiblity down the line with most DPA programs. 

I will probably purchase a home and additional investment properties with huge down payments, or much more cash, because the benefits of leverage are being outweighed by the high interest rates. 

I have to believe that track record and reputation far outweigh considerations about legal structure.Personally, I'm not a fan of funds.

I currently do not have a real estate license but this is something i'm looking to change in the future, the benefits seem to outweigh any negatives.

There are a lot of factors to consider when get a cost seg study to determine if the benefits outweigh the costs.

The time taken to do so has outweighed the cost benefits.