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?

with the $900k i need to shelter for the 1031, what are the advantages and disadvantages of leveraging?

DTI can sometimes be up north of 50%.FHA disadvantage: Mortgage insurance is there for the life of the loan (you can refi to drop the MI, but what if rates at that point are back to historically normal levels of 7% or so?)

@Sam Albert You seem like you have waited for move out to try to re-rent, that has alot of disadvantages. 

Your biggest disadvantage in investing OOS is not knowing the market.

Having multiple banks can have its disadvantages for sure. 

I am trying to identify the advantages and disadvantages between the two and I am not adverse to spending more money upfront to form a solid foundation.

Just wondering if there are any disadvantages to remove my taxes & insurance from my escrow?

Some people start off at a disadvantage compared to others, and I understand that.

W/ this loan you'll be at a disadvantage competing against investors that can close fast w/ cash or hard money.