BRRR ( Buy Rehab, Rent , Refinance, and Repeat ) :-)  Thanks @Jasmin Dover I've always wondered why people choose that avenue when a more effective route is the spread sheet I outline at the link below@Eric Brown can you comment on the tax advantages/disadvantages of the following spreadsheet scenario?

Advantages/disadvantages of both?

When you go to evict a tenant or sue  the tenant for non-payment who is going to sue and could there be disadvantages to not having a CAL?

I'm not sure what the advantages/disadvantages are between them though. 

What would be the advantages/disadvantages of doing an all cash deal vs a down payment with financing?  

The disadvantage is that you are not in control like with private real estate, so you have to feel comfortable vetting a sponsor.

Also youth can be a  disadvantage in sales.

I wanted to mitigate my risk as much as possible (being that you have a fair share of disadvantages when you don't live close to the property) and having the law back the owner up made more sense to me. 

To break it down simply, both have advantages and disadvantages for a borrower.Hard Money : quick, least amount of paperwork/underwriting, VERY local lender/individual who will know the market best Private Money : still very fast, some more in depth guidelines on the financing, CHEAPER than Hard $, usually an actual lending institution capable of multiple products/solutions.Do your research, check the reputable lenders endorsed by this site also! 

We explain the advantages, disadvantages, how it works and what they can expect.We give them an option.