The major drawback is that the lot size has 600ft road frontage and ~70ft deep.

A few drawbacks on condos:--The association may be distressed causing various troubles for you.

Trucking is good, steady work, but the drawbacks are huge: truckers die young and we never see our kids.

What kind of drawbacks are there for going for an auction house?

This website gives me tons of motivation and hope that I can actually make a life changing and career change with REI but I have one huge drawback; so lets theorize and see if BP can help me out here.Lets say, I find the perfect REO dump, and with googly dollar sign eyes it looks like a gold mine.

There doesn't seem to be any major drawbacks but I wanted to see if anyone from Milwaukee had any thoughts.  

The only drawback for them is that they only have two branches, located in Reading and Liberty Township.

The drawbacks usually far outweigh any benefits you might realize and there's usually a better way to accomplish the goals that holding in a corporation allows without dealing with the drawbacks.  

The question I feel that needs to be answered is there a drawback for only having a 3/1?

While having a dual LLC will give you the legal protection you need, there are some drawbacks for the person that carries the mortgage in the partnership.