What is the biggest drawback/limitation to being a realtor compared to being a real estate investor?

The highway down from Phoenix through Lukeville and Sonoyta is good, and well travelled.The only real drawback is that while there is an airport there waiting for good sized commercial planes, there is not yet a reliable commercial schedule.  

Any comments on benefits/drawbacks of this would be appreciated.

I do not think it has.I mentioned above that the direct mail disclosures are the one *minor* drawback to be licensed.Just to clarify, the laws in my state are similar to yours...the issue is that my broker is more strict than the Real Estate Commission is.

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.

Each entity has drawbacks as well- it's hard to get a loan in a trust.

So both have their drawbacks. 

What are the major drawbacks?

If so, can you share about your experience and any potential benefits or drawbacks? 

While the potential profits may be greater, there’s also a larger learning curve to investing outside of your home market.Here are a few possible drawbacks to out of state rental property, and how to avoid making a big mistake:1.