The ones that learn through trial and error usually end up with malpractice lawsuits, suspended, and/or disbarred.I’m trying to speed up my education while avoiding the many drawbacks of trial and error.Any suggestions? 

It's no mid-west, but it's not uncommon for folks to take equity from their home in the bay and pay for a place here in cash.Biggest drawback?  

As for Homeaway/AirBnB - I would say that both have their benefits and drawbacks.

The only drawback is it does take a 5-7 days to get the money which is annoying but not a deal breaker.  

It is on 4 acres so it has the perks and drawbacks of being secluded.

Drawbacks: Still have more addresses than MF, higher $/ft than MF, higher INITIAL rate MF, limited maximum number of 30yr fixed conforming loans you can get, higher expenses than SFH (utilities, etc), lower $/ft in rents in 2-4 compared to SFH..

So, they may assume the LLC does.The major drawbacks with this approach are it will increase complexity and possibly tax filing costs.

@Beau PearsonI use Zillow management, it works pretty well.The only draw back that I have is the payment usually takes a week to move into my bank from the their initial payment.But I rather use Zelle, but not everyone can do that.

So far my biggest drawback to SFRs was a bad hailstorm last year that took out over 20 roofs, multi and SFR alike, and large deductibles on each. 

@Bradley Dosch Are there any major drawbacks or things to look out for when using DPA programs?