The other disadvantage of taking advantage of all the tax advantages, property taxes, mortgage interest, depreciation and other tax breaks your tax returns show little revenue.  

All expenses are way higher: it takes a TON of $$ to heat & cool a large house, property taxes are a killer, mortgage is higher, insurance is higher, landscaping / lawn care costs, flood insurance, etc etc.It’s also tough to book a large house at the last minute bc it takes large groups time to mobilize so you’re at a disadvantage with last minute bookings.

What would be the advantages and disadvantages?

At 17 and with $290, I would start planning and doing a few things: I would stick with learning as much as I could here on BP for free, maybe joining some local RE groups and get to those meetings where I could mingle with them and get known, being 17 you have youth as both an advantage and as a DISADVANTAGE till people get to know and know you as a dependable dedicated man on paper and screen till you have successes under your belt you may be looked more as a liability as you are 17 so you must prove your worth more.

Unlicensed brokers are at a disadvantage because they cannot legally properties they do not own.

And advantages and disadvantages of the different brokers.

. :)I personally wouldn’t remove them since the only disadvantage is the difficulty with working around them, look preference or potential maintenance in the future, I’d definitely see younger singles or couples love this.Best of luck.Cheers!

Maybe you could consult with an attorney that does not have an interest in either process but works with both processes and go over the advantages, disadvantages for both entities. 

If someone didn't they would be at a disadvantage as anyone renting there would have an added expense to move in.

But if there is a way that I can't put all my eggs in one basket with a market that has not a very good reputation with forums and sites that ranks Cleveland as a city of last choice, why not ask for opinions of people who know their markets well, their advantages and disadvantages?