Everyone has to do this, including hotels, so it's really not a disadvantage to anyone to have to charge this, although there are some that are "skirting" the tax law there (HI is starting to crack down on these "Illegal" vacation rentals).  

I'll preface this by saying that that flips are generally going to be considered inventory and therefore not subject to capital gains, short or long term, so if you flip a property and hold it greater than 12 months, it's still subject to your ordinary income rates and SE tax unless it's a one-off flip.An LLC offers no tax advantage or disadvantage .

When you're investing from afar, there's a high probability that you're at a disadvantage.

It is not that you can't do a IRA, but boy once you compare the two you will realize just how many disadvantages the IRA has (along with a SEP too); where-as the 401k does not.

As suggested, landlording in a true war zone is a full contact sport where you are at a huge disadvantage if you play by the rules, because the tennants typically do not.

I did one this week that cost me $350 and came with a simple operating agreement and a seal for the llc.I'm more confused than before, because I was under the impression that one LLC protects you from litigation on all of the deals that you do under that LLC.I've read that incorporating in Delaware or Nevada is advantageous, but that there are disadvantages of incorporating in a state that you don't reside in.  

Also, just finished reading your article about the disadvantages of holding rental property in an S-corp; this, the day after I purchased property in my S-corp, intent on holding it as a rental LOL.

What are the advantages and disadvantages for going with this financing route?

I was wondering if you see it as a disadvantage since you would not be available in the late afternoon/night?

I also came away from the conference feeling that I was at a significant disadvantage as a single note investor because I am not able to adequately spread my risk.