Here is an article that is pretty informative regarding construction loans: http://www.moneycrashers.com/new-home-construction-loan/It is very informative and provides some insight into the advantages and disadvantages.

You can also instantly diversify into many investments across different geographies strategies, asset classes, portions of the capital stack, etc. and at a much lower cost than if you had to buy all the properties yourself on your own.The disadvantage is that you give up control, and you have to be able to vet the sponsor.

I would advise next time to have an attorney review any contract you have in mind to sign to assure you protect your interest and do not make agreements in the future that are obviously to your disadvantage. live and learn. ouch !!!!!!!

There are great advantages and great disadvantage to internet forums.

And really there's more disadvantage than advantage. 

We just don't have enough info or are at some disadvantage (like being far away).It sounds like you may have gotten the short end of the stick being the the absentee buyer from silicon valley (next time--tell them you are in waste management with vague references to possible Soprano style ties... leave the FB word out of it).

I guess a disadvantage is the seller can technically see what the wholesaler made, but honestly they don't care (a lot of people fail to understand the seller a) understands you are in this to make money and b) does not give a darn what you make) The other option is a double close.

Is there an obvious advantage/disadvantage to you holding your license as a sole proprietor (and DBA),as opposed to holding your license under an LLC?

A disadvantage of getting into a file early us that nit all assets may be listed.

Finding reliable people is the one disadvantage in out of state investing as it can sometimes just be a trial and error process but it is what it is.