In a husband and wife scenario the draw back to two member LLCs is that they would need to file separate tax returns and this could get costly once you have several properties.

I'll try to keep this short and sweet. My best friend and I are newbies to real estate investing but are very serious and focused on scaling and building wealth. My friend is a business owner and has no shortage of ca...

In Florida not having a pool in nicer areas is a huge drawback.

This is just one of the drawbacks of posting on this site.

But much of the investment world is based on this appreciation --rather than cash flow--like  stocks without dividends, commodities, etc...The only drawback is that it goes both way--prices go up and down in cycles.

Are they any drawbacks from getting a real estate's license as a wholesaler?

The advantages of forming an LLC are that the members are afforded limited liability and have pass-through taxes similar to a partnership.by forming an LLC instead of a corporation, you get all the benefits of forming a corporation but you avoid a few drawbacks that you would run into if you formed a corporation.

The blog post suggested by @Natalie Kolodij lists only one of the drawbacks, and it also has a bad example (the 2-yr move-back strategy described there does not work.)

The two drawbacks.

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.