I’d say the biggest partnership drawback is control.

Figure in your Time and card stock no savings The drawback on less than first class is you don’t get returns or forwarding address notices.

We understand that most fix and flips are cash purchases or shorter financing such as hard/private lending, but are having trouble trying to understand if other investors ever use conventional loans to finance a fix and flip.It would be great for us if you guys and gals can shed some insight on if conventional loans are really ever used for fix and flips and if so what are the benefits and drawbacks vs. hard/private lending.Thanks for all the help!

@Juan Monge what you described is the normal drawback to owning lots.

It is very good siding, fireproof and last forever if cared for the big drawback is they are brittle so a ball smacking them will crack or break them. all in all if it's in overall good shape I wouldn't do more than replace what needs replacing and paint. otherwise you could be shelling out big bucks

The drawback is in US there are 800 some MLS systems and associations.

The drawback to our strategy is; It takes more time and capital to start with, around $50k in our case which a lot of people don't have or can't come up with.

However, there are many draw backs.

There are so many advantages to sandwiching the drawbacks inside two good points up front.One of my favorites as millenials especially, but anyone tours my 70s build popcorn ceiling townhomes  with no dishwasher... 

The drawbacks are that repairs/modifications are expensive due to the house’s age and that I have to clear everything through a historical society as a result.