Your making this to complicated.

This maybe a complicated question.

@Christopher TritchShort answer why it is better: complexity and commitment, as well as multiple complications of day-to-day operations.

These can get quite complicated.

This is a major misconception about these fix and flip properties, many people think they need to pay for the entire investment property in cash.Con: It is more complicated financially than most people think.

I haven't personally used him as my evictions have been straight forward enough that my property manager could handle it, but he's the one who actually wrote the standard lease for for DelREIA and is recommended frequently by those folks who have more complicated landlord tenant issues to resolve. 

Not sure why'd you'd cross contaminate (for lack of a better phrase) between owner (equity) and GC and make milestones and waterfalls and generally make everything more complicated?

This calculation needs to be reported on a special complicated Form 3115, and not many people know how to complete it.

It's not really that complicated to buy out of state.

If you are not already a real estate broker or a salesperson for 2 years this will complicate your startup.