.* Thus Jason asserts that the S-Corp has no tax benefit over an LLC, has equal asset protection benefits, and has the disadvantage of being more difficult to maintain.

She detailed a few benefits, one being less hassle during the approval process and there would be enough funds to cover the cost of the homes that we're looking to buy...one disadvantage I noted was the interest rate of the note, it's for sure going to be higher than that of a bank mortgage (assuming we get a good rate). 

Doesn't Texas high property taxes put them at a disadvantage? 

The disadvantages of being licensed is, you have to have your broker's permission to buy investment property.

@Andy M. unfortunately this is one of the disadvantage when third party is involved :-( And sadly APS is not the only company which misappropriated the funds, see this article in The Wall Street Journal about major players Equity Trust and Entrust being sued:http://online.wsj.com/news/articles/SB100014240527...Self-directed IRA LLC will eliminate this problem because custodian no longer holding assets/funds of the IRA, but instead you as the manager of the LLC (owned by your IRA) control it.But there is even better option: self-directed, trustee managed Solo 401k plan.

Keep in mind that it sometimes puts you at a disadvantage: You must disclose that you are an agent, and many people do not want to deal with agents.

The proper, state mandated term is now "melanin bestowed societally disadvantaged dreamer".

The principal disadvantage is cost - event at volume levels an electronic (Zwave / Zigbee enabled) deadbolt is going to cost 2 -3 times a traditional keyed deadbolt.

There were some good Q & A discussions about areas like "finding reputable contractors", "when to use a general contractor and the disadvantages of you being the GC", "possible budget issues when you upgrade an item and then cause the surrounding area to look odd" then the surrounding area needs to be upgrade to conform and "Using your contract for GC and paying subs directly."

I see some disadvantages that vary from state to state.