There is a lot of misconception about them.

Especially if the building is designed for them, you shouldn't have any problems with the banks 'accepting' them, I think that's a misconception or you're thinking of a different situation..

Capital gains taxes are deferred until property is sold and not exchanged.My misconceptions of the law were: first, taxes would be deferred, not simply eliminated.

unless you are investing with a non-spousal partner, there really is no benefit to using a legal entity to hold Title.Could be there are more investor partners... perhaps those particular investors feel they need the additional asset protection of the LLC..Could just be people’s misconceptions that they needed a LLC...

A common mis-conception is that it lowers their burden but it doesn't.

Capital gains taxes are deferred until property is sold and not exchanged.My misconceptions of the law were: first, taxes would be deferred, not simply eliminated and, second, the buyer must disclose this to the seller and a custodian (3rd party) must be utilized.

@Michael Marchman ADA has nothing to do with residential rentals, this is a very common misconception.

With all the different information (true and misleading alike), people are burdened with misconceptions about newly implemented policies and what have you. 

@Ralph Majette I will clear up some misconceptions about the 203k.The 203k can be used for a purchase or a refi.The 203k does NOT take 6 months to close.

I also have a YT channel and a year ago I posted "Knowing how to invest in real estate the right way will put you in profit"with one coming up soon to be posted about wholesaling real estate misconceptions.