![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1685588/small_1621514771-avatar-clintm46.jpg?twic=v1/output=image&v=2)
17 July 2020 | 13 replies
This is one of the main disadvantages / costs to having a LLC.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/843859/small_1695619724-avatar-ankurh.jpg?twic=v1/output=image&v=2)
24 May 2019 | 4 replies
I understand that the closing has to be "wholesaler friendly" to facilitate the transaction, but is there a disadvantage to not selecting your own closing attorney for a wholesale deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1256741/small_1689114378-avatar-donaldc79.jpg?twic=v1/output=image&v=2)
30 August 2020 | 7 replies
Given my current budget, im at a disadvantage when competing for multifamily units, so im rethinking my strategy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1925895/small_1621516739-avatar-alis112.jpg?twic=v1/output=image&v=2)
12 November 2020 | 21 replies
Do you see any disadvantages of me purchasing a rental property in Florida while living in NY?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1058058/small_1621508210-avatar-jasonc388.jpg?twic=v1/output=image&v=2)
18 July 2018 | 17 replies
The disadvantage versus owning directly is that you are not in control, and have to feel comfortable vetting a manager to run things for you.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1094452/small_1621508786-avatar-kateinvestor.jpg?twic=v1/output=image&v=2)
12 April 2022 | 19 replies
What are the advantages and disadvantages?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1164770/small_1621509770-avatar-marisar10.jpg?twic=v1/output=image&v=2)
21 December 2018 | 83 replies
There is no disadvantage being on the other side of Livernois or a few streets south of 6 mile.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1250684/small_1621510673-avatar-dillonl10.jpg?twic=v1/output=image&v=2)
18 January 2019 | 3 replies
That way you can weigh the advantages and disadvantages of a rental compared to a flip.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/895807/small_1621505163-avatar-danielf777.jpg?twic=v1/output=image&v=2)
17 December 2017 | 29 replies
OOS investing (either TK or DIY) is 100% a viable investment choice, but you do have to account for the disadvantage of being at a distance.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/890237/small_1621505061-avatar-billc108.jpg?twic=v1/output=image&v=2)
5 June 2020 | 19 replies
Philly was high on my list of places I was looking to invest but sounds like there are many disadvantages :(