What are the advantages/disadvantages of buying a property (duplex) and having the seller hold the note as opposed to conventional financing?

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The disadvantage of a shortsale is that your profit is in direct proportion to what you can negotiate with the bank and shortsales take a LOT OF TIME AND EFFORT to negotiate.

I'm new to real estate investing and I'm looking for advice on the advantages/disadvantages of selling a house CFD vs. renting.

I understand adding all of these is a huge disadvantage. 

Otherwise it is like Gambling If You invest in real estate and buy REIT, it is disadvantage to you return because you are double exposed to the same risk in the same industry.  

And also I don't have bad/poor credit only am at a disadvantage because I have no experience.

I think it will potentially reduce my total cash flow, but I’ve adjusted my marketing to compensate for the added benefit and disadvantage of having a live in property manager.

But there are also disadvantages to a fund structure and it isn’t for everyone.

It is move in ready.We would like to purchase a property to live in and fix up while we rent our primary for 2 years then move back in as our primary (once our first child is school age).The advantages I see are essentially this sets up up to purchase at least 2 more properties (one with the extra income and one we would be living in)The dis-advantages I see are potential tax issues.What disadvantages, if any, do you see?