There are, however, drawback for all parties.

The draw back is the price is higher.  

Can you give some ideas on acreage, for example, How long you need to hold acreage for a better return, drawbacks etc.

The only draw back that I would see this using one or the two, or both, is that the buyers lender may flinch...

I agree, lots of useful info.Unfortunately as I'm finding out, the drawback of the checkbook LLC is the high cost of establishing the account... somewhere between $1100 - $2000 right off the top.  

Let’s look at some of the biggest benefits and drawbacks you need to know about.ProsIt’s a good entry point to getting started as a real estate investor.You have the opportunity to close real estate deals in any market, regardless of proximity.Very little capital is required to begin, so it’s a low-risk way to get started as an investor.There’s an opportunity to make a large profit over a short period of time.ConsWholesaling offers a lower profit margin compared to other real estate investments, like flipping.You’ll have to do quite a bit of research to find the right properties and cash buyers.It will take time to be successful and start earning a profit as a wholesaler.There’s unpredictability, as profit will depend on the availability of the market.You’ll rely on property owners feeling comfortable with the wholesale real estate strategy and investors who are open to buying.All the best!

I would say you have experienced some of the draw back of the Grayhawk area. 

@Jonathan Bowen what are the major drawbacks? 

Drawbacks?

The drawback is having to teach tenants how to use it.