There are advantages and disadvantages to forming an LLC: To name a few advantages: Offers some asset protection, Tax advantages, Succession planning opportunities, Separation between yourself and your business, Anonymity, and Credibility as an established business.However, there are also disadvantages: Requires maintenance/upkeep, Costs, Individuals are responsible for paying self-employment taxes,LLC does not fit all business criteria (ex.

You shouldn't have the mindset that a "pure BRRRR" needs to be purchased all cash - lots of advantages and abilities to BRRRR right now with Hard Money and lots of good options out there that don't require overleveraging or too much risk.PS - check out this recent article I did for BP which covers advantages and disadvantages of using Hard Money vs.

That seems like it could put you at a disadvantage.

If I was strapped for cash I'd at least scrap together $300-500 and have an attorney look over the contract I found to make sure it didn't violate any laws or really put me at a disadvantage.

This is not in reference to Gene Guarino, but to the inherent and important risks of pursuing this business model.https://www.assisted-living-directory.com/blog/disadvantages-residential-assisted-living-homes/

But there are a several challenges/disadvantages that lie ahead that I can chat with you about if you like.

However, we will be at a disadvantage when we sell the place in the future, because will have to disclose it in perpetuity or if it’s completely removed.We like the place, but I think will use this as leverage to negotiate a lower price.

If the PM thinks this, shouldn't they NOT use credit scores at all because there are people who have no score and they would be disadvantaged?

@Thomas Hang - although at first glance it would seem like so many restrictions would put you at a disadvantage in terms of available opportunities but it does not. 

My wife and I have a goal to invest in a small multifamily property this year.Thanks,RJNew construction tends to not pencil out in most markets...and, although new construction can have some advantages, it can also have some major disadvantages that investors should understand...Why are you only interested in new construction?