Continuity mistake: When Ross say 'just a smidge' after Rachel says Paulo named her breasts, Phoebe is holding tinsel and Rachel is looking at Ross. In the next shot, Rachel is looking in the opposite direction and the tinsel has vanished from Phoebe's hands. (00:06:00)
Plot hole: David Schwimmer is 6'2" tall and Jennifer Aniston is 5'6". There is no way that clothes that fit Rachel would also fit Ross. When he puts on the clothes that Rachel bought it's obviously not Rachel's size. If it really were, it would be a lot tighter and shorter (Ross could probably wear it belly free).
Continuity mistake: During the Monopoly game (deleted scene), right after Monica says, "we can bring my wheelbarrow, to carry your teeth," we see Ross reading the game manual at the end of the shot. At the beginning of the very next shot, he is suddenly rolling the dice with no manual in his hands. (00:17:00)
Factual error: When the gang all see the beach house for the first time, it's covered in a layer of sand, which is supposedly left over from a recent flood. Well, if there really had been a flood, there would have been mold on the walls and debris or junk from the outside, and the sand wouldn't have been nice and clean and dry; it would have been moldy. And there would've been a pattern, likely on the walls, of where the water rose up to and where it receded. Not only that, but how did it get in? All of the doors and windows are intact. (00:04:40)
Continuity mistake: In the episode 'TOW Phoebe Runs' when Rachel runs into the horse at the end there is a shot of the horse looking round at her, when the shot changes angle to show Rachel picking herself up you can see that the horse is still looking straight ahead. (00:18:35)
Continuity mistake: When Ross is telling Rachel and Phoebe about Charlie's past boyfriends, he refills two wine glasses. Then in the next shot, he puts his hands to his cheeks in shock because he just remembered something, without putting the wine bottle on the table. It just disappears from his hands. (00:16:05)