If you are an authorized user on a credit card you receive the benefits of the payment history and the drawback of the balance affecting your DTI.

This is an amazing site with lots of information and knowledgeable, experienced people. I am hoping you can share your thoughts and sound advice on what is a wise investment choice between co-op, condo and multi-famil...

The main drawbacks are compliance requirements, franchise / business taxes, and potentially higher costs to finance/insure properties.

The one drawback to this is that with the current market, a 2/1 ADU will be about 200-300k.How did you find this deal and how did you negotiate it?

The drawback is that a tenant could give you notice and leave fairly quickly too.Also, you should always have a written lease to protect yourself.

Investing OOS has had its drawbacks and advantages for me, but overall I would say (based on my experience) that who you have on your team will have a bigger impact on the success or failure of your investment than what you actually invest in.Good luck!

There still is the IRRRL though, and my understanding of that is there is no wait period on it, the only draw back is it creates a minimum purchase price because it kicks in the second tier entitlement.

In reading other 1031 questions regarding LLCs, I see some drawbacks but am curious if this is possible.

Since you've committed to the technology you probably have raised your selling price to cover the cost and not everyone will pay that extra amount.So, if you never sell, that isn't an issue.The biggest drawback for me was that it only works during a sunny day, it's calculated on "sunny" days, that means no clouds.

I can understand where you are getting some drawback from a lender wanting to be in second position on an investment property however I assume you could probably find someone to do it but it will likely cost you a hire interest rate.