This might make you overlook certain risks.Missed Opportunities: By focusing on local investments, you might miss out on lucrative opportunities in emerging markets elsewhere.Possible Over-Involvement: The ease of dropping by might tempt you to become too involved, thereby diminishing the "passive" nature of your investment.Conclusion:Investing in your backyard city comes with its unique set of advantages and drawbacks.

Go find that feature anywhere.......you wont, because its not out there.If there is any one drawback with this loan, it is that the loan requires the borrower to have 10% of the line amount as reserves.

The only drawback is that some Tenants may have limits on how much they can send each day, so they would need to break up their payment into 2. 

What are the drawbacks?

When we were looking one of the draw backs was loans were a bit harder to get.

(high paying employers, and entertainment) without the drawback of Chicago public schools.

There is no real reason to use a Quitclaim over a Warranty Deed, but I see no drawbacks either. 

Any draw back I’m not seeing?

What are some of the drawbacks to selling directly to the developer? 

But, #2 does have drawbacks.