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

I am personally very bullish on the Phoenix market.  

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

A friend of mine, Ryan, who invests heavily in Baltimore, realized his interest costs were eating into his cash flow.

I've personally helped many OOS investors here and they've been very happy with returns. 

I've realized that and want/need to make a change.

You need to make sure you're working with someone whose sending you personalized deal flow that actually meets your buying criteria.

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.

One caveat to this strategy is that you can’t live in a property that your IRA owns, nor can you rent it out to anyone else who may be considered a disqualified person like your spouse or child.Feel free to connect with me and send me a direct message if you want to learn more!

Build connections with local professionals, talk to them in person, and value there time over yours.