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 feel the only draw back is the $55 application/screening that potential tenants have to pay.

Here's my advantageous qualities: I am an agent, have experience in my target market (with 2, hopefully 3 homes soon)Drawbacks: need an equity partner to bring all the money to the tableHow have you gone about this?

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.

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.

Is there any other draw back or positive that you guys have ran into? 

The only potential draw back on Zelle is if the tenants bank doesn't participate.

The interest cost to the lender over that time as well as the opportunity cost of not having access to those funds would be drawbacks for the lender in my view.

I found that If you can repay your HELOC draw back in 5-6 months.

I love to invest in Townhouses (I own several of them in multiple communities) - but they do have drawbacks.