I pick only projects and tools that interest me,  and I take long breaks when I need.The only drawback with that thinking, Mark, is that having a 9-5 job makes it super easy to get approved for loan and build your real estate portfolio.

However, there are a few drawbacks 1.

One draw back is they are arm's.

The biggest drawbacks are higher maintenance, they go down in value not up, and they are very vulnerable to damage from neglect.

A lot of them are designed to run on a big battery; check to see if it can just run from the charger all the time.One drawback is that it may only have a relatively wide-angle lens; as far as I know you can't usually swap lenses like you can with a "real" security camera.Wally World sells a few and the big local hunting / sporting goods store will have more.

It will pay itself off in the short term because I agree with others, the lack of AC would be a drawback for your listing.

The only drawback is that Wave doesn't give you and consolidated reporting across businesses, if that's important to you. 

Of course I understand the main drawbacks will be the variable rate adjustable every 6 months, but I ran a worst case scenario for the rate cap, and I should be able to still cover, and if rates end up going much higher after 10 years (I don't think this is likely) so I would be in a sticky situation.Thank you in advance as always for your responses and time!

Since it seems like the delayed payment is the only drawback, I definitely think I’m going to give it a try.

There are drawbacks on the loan, but I would at least look into it if you can not find other ways to finance the rehab.