The advantage of this is that you are less likely to have your idea stolen.

If you receive a $1,000 in rent you have a $1,000 in income (before you subtract expenses,) the irs doesn’t care if you deposit in in the checking account, gamble it away, lose it to a pick pocket, or literally light it on fire. the only advantage to putting the extra cash in a separate savings account would be to prevent stolen/fraudulent checks on a large account but I live with that risk and sleep just fine. 

So many people see the big NET returns and think STR/vacation rental are the next bitcoin.

The biggest con to having a pickup truck is that your cargo can get wet/snowed on and of course stolen. a work van is great but is not good for carrying large loads but can still tow. another great option is to buy trailers.

That means my money is tied up for 6 months and during that time the buyer could get his loan current then they refund me my money.The other thing with vacant properties are sometimes the wiring, AC or pipes were stolen. 

You might even start to spread out into reits or index funds or Bitcoin.

My mother and I bought a 4/2 for 15K only to find out later that all the wires and cooper pipes had been stolen!

Jobs range from stolen HVAC units, missing kitchens, fire damage, water damage, roof damage everything in between. 

The cons are pretty apparent - more stuff to break/maintain/be stolen.

I cannot tell how many friends and family I've told about REI and all they want to do "BitCoin" and in most cases "nothing".