To me, one of the biggest drawbacks to Jackson is the high property taxes.

This is something I haven't fully settled myself, but from the research I have done so far going with an LLC for that Holding Company may have drawbacks in regards it its ability to be pierced (ie. vs. a properly structured LP).

One drawback, however, is that if you are a total beginner, how would you know how to vet a potential partner?

What I like about Airbnb is that if the guest breaks the rules and you can prove it, Airbnb will have your back and allow you to kick the guest out with drawbacks.

Please bear with me, Im like infant new at this, but what exactly would that mean, how would it work, and what would be the benefits/ drawbacks from doing it? 

That could be BRRRR possibly, the drawback with that is you only have the option to cash out every 12 months instead of every 6 months right now per fannie and freddie guidelines.

However, as with most investments, you should also know that along with the potential rewards come potential drawbacks, where substantial mistakes could have serious financial complications for you.

It comes with drawbacks such as financing risks and does not offer asset protection per se, it just limits the damage to the property like a firewall.Consider an umbrella insurance instead, you should have one anyway.There is a place for LLC's in MF and also you will be required to hold property in a legal entity for commercial financing.

Being in on a technology 'first' or 'early' has benefits and drawbacks.

It takes roughly 5 seconds per lock to rekey to a different set of keys.The drawback is that these may not be as secure as a regular lock.