Hello CalifJim and Avangi,
I greatly appreciate your clear explanations that have widened my understanding of “being”. However, I would like to know from Avangi’s explanation whether other nouns can always follow “the advantages of” as well. For example, in CalifJim’s sentence “Please bear in mind the advantages of having a location that is near a good water source” may be reconstructed as “Please bear in mind the advantages of a location that is near a good water source”.
I hope to hear from you soon. Thank you so much for your help.
Best wishes.