The downside will have more to do with your business personality.

the only thing with that is protecting future landlords.. but then again thats a personal choice..  

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They clearly had no intention of paying off the loan in October but sought instead to further reduce their loan balance during a time of the note holder's personal hardship.

Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

You can’t use the property personally for more than 14 days or 10% of days rented, whichever is more. 

We have been able to get some great deals simply by doing extra research that the average person wasn't willing to do.

Balance data with personal priorities.

Juggling between work and personal life can be tough, but having a property manager can take some of the pressure off and let you focus on your other priorities

But the risk to the seller on this deal is immense you have a guy tying up a property who has no ability to close it and then sell it to whoever will give him money and that person could be nefarious get into title rip rents could give 2 craps about the sellers credit etc etc..