Should I have an Escrow account or not ?

[Moe Soliman]

I'm about to buy my 3rd investment SFH and all the homes I own including the one I live in have escrow accounts. Is there any advantage of not haveing an escorw and just paying your taxes and insurance at the end of the year ? Or will it just be an extra hassle I'll have to deal with ?

I'm a physcian and very busy at work, but if there is any advantage other than having a stable monthly payment instead of a mortgage payment that changes each year then I'll try it out for this coming investment.  

Thanks

Moe