However, that does come with drawbacks.

(Hence why do you think Bitcoin is getting so much popularity ) Bottom line is there’s a draw back every 8-10 years so we have been overdue for a correction for a long time..

The only drawback I see is that you cannot develop cash reserves from the very start.

The drawback of it is it's technically a neighborhood of Gary, Indiana with all of the crime and financial issues that go along with it.After about 5 years of investing there, I decided it was unlikely things were going to change there and started selling.

While it is repetitive, you should always understand the "cons" of any strategy in addition to the "pros"   So considering the drawbacks of "C" class neighborhoods is important to understand before you choose to invest regardless.   

Granted that has some drawbacks but its also got some perks. 

Denver is landlocked and (there are not any new sub-divisions coming into metro Denver) going "up" and adding square footage and value in that area makes sense, the drawback, it is expensive with us paying upwards of $500,000 for some properties and the scope of work is both costly and time consuming with planning and zoning taking up to 3 months or longer.  

Each has drawbacks and advantages.  

I was mortified at the condition.The PM did all the right things and the tenant is disputing all the SD as though there was no damage.They broke things and didn't say a word - they glued a kitchen draw back on - glue dripping down the face of the draw and it was on crooked.

The only drawback is your are counting on the PR to negotiate when they may not have the skills or experience in negotiating.