I’m sure there’s a drawback to that- but what?

To me this small mixed used buildings look very attractive, but I am apprehensive about getting enough appreciation to cash myself and a potential investor out with a refinance in 1-3 years.I'm looking for some guidance from those that have experience in these type of properties on the below:-What are the drawbacks of these types of investments?

But, that has huge drawbacks as things take forever, you're tired, you're learning on the go.

What are your thoughts on the upsides/drawbacks to townhomes? 

Both have their benefits and drawbacks.

Of course, each advantage comes with potential drawbacks as well.In order to make your first investment property as profitable as possible be sure to:Accurately calculate repairs and ownership costs, property values, and fair market rentsFocus on cash flow first and appreciation second, unless you’re investing in ‘cash cow’ rental real estateUnderstand that ongoing ownership costs include not just your mortgage, but also expenses such as leasing and property management, recurring repairs and landscaping, and property and rental taxesAvoid getting emotional – when you’re buying your own home, it’s alright to care about things like paint color and carpeting, but always remember that investment real estate is strictly a numbers gameRemember that turnkey single-family houses and small multifamily property are already rented to qualified tenants, so your cash begins flowing the day you close escrow.Good Luck!

The benefit of the suburbs as compared to the city is that the homes are almost always in better condition and taken care of, but the drawback is definitely from the taxes since the school districts are a bigger factor than in the city.

[Beware = https://www.biggerpockets.com/renewsblog/house-hacking-drawbacks/]I would look for a 2-4 unit too house hack.

Some drawbacks to using a business name that I am noticing are that one must pay $80 for each registration or renewal, and the name must be renewed every 5 years.

That's a big draw back to bundling them under 1 loan.