What are the drawbacks?

I'm a type A and an engineer so it's hard for me to step away which has its own drawbacks. 

Leverage is a great tool for producing rapid growth and expansion but it has its drawbacks too.  

However, To me the biggest drawback to the deal is the lack of exit strategies and they require too many things to fall into place for it to play out the way you want it to.

I can't speak to all the benefits and drawbacks, what you have said seems accurate from my knowledge.

The advice above is spot on...they all seem to hav benefits and drawbacks.

Only drawback is that payments can take up to 7 days to process.

I really like your idea of the FHA rehab loan sooner than later, but the only drawback is that I'm technically required to live in that property for a year, right?

The smaller houses with more land are a draw not a drawback to smaller families and people don't mind the multis and see them as a way to live more sustainably, so they can be sold to end-use buyers more readily.Cap rates/cash flow:I think you can see fair and profitable numbers in 10-30 unit multies because there aren't that many of them , and so even in a boom market its not like people are lining up.

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.