Both have their advantages and disadvantages but that will at least narrow your search down to a good enough point where I can recommend locations.Thanks!

I personally dont know much about an LLC but after reading this great message from all you guys wants to make me set one up for myself.How long is the process and for us Real Estate Investors should we just get the basic one if there is one because i thought i read an article on the web about 3 different kind which is the basic,standard and more advance i could be wrong im also going to start calling some companies that help you set up an LLC and try to get as much information as possible about advantages and Disadvantages and State fees for the State of California.Also is it recommended to get an LLC in a different state like lets say Nevada or Arizona because of tax advantages...HAPPY INVESTING..

Their early deals have the advantage of time, but the greater disadvantage of their experience.

You're at a big disadvantage when going against cash buyers .... even if your offer is higher, good chance seller will opt for the cash buyer to avoid all the variables that go with someone trying to finance a property.

What is an agent's responsibility when confronted with a clear violation by a peer, especially when it puts their client at a disadvantage?

His property undergoes an annual inspection by the state and so far he has remained compliant (The property is in very good condition although I do plan to do an inspection anyway)I read Brandon Turner's book so aware of the general advantages vs disadvantages but would love a more personal perspective. 

There is so much possibility AND there are a lot of disadvantaged folks living in town. 

Plenty of disadvantages though. 

But as Wayne states any seller who cares about their personal FICO score should think long and hard before they sell a property Sub TOO... its hugely disadvantaged to the seller, and buyer may or may not perform.. unfortunately this scheme is taught by many guru's and other coach's and for me personally I don't like it at all. because it encourages deals with folks who have little to no money and no real experience to get into title of a sellers home and then flail away to the point the seller is HUGELY damaged ..

I only rent to professionals and it really saves me from feeling like I'm taking advantage of the disadvantaged.