Just because it has worked doesn't mean there aren't downsides and risks. 2.

Quote from @Bradley Buxton: @Ryan KinoshitaI've used bluevine and there are some downsides to a online only bank.

But if you buy the property well, your downside risk is that it is short term rentals don't work, and you can simply sell it for hopefully no less than what you paid.That would be my mindset.

So those are the downsides…what upsides are you imagining happening?

The fact that you want to bring in homes means it's not full, which is a downside.

I want to know any and all tips, advice, and of course down sides to this lifestyle. 

Quote from @V.G Jason: I'd partner with a lawyer that can help put some contractual language on the downside of working with contractors and real estate agents.I'd also partner with a RE brokerage firm that clearly understands your goals. 

One of the more overlooked downsides is the funding fee; however, if you have a service-connected disability rating, the VA funding fee is usually waived. 

So while some opportunities show good potential always take into consideration the downside possibilities.

I am yet to see any downside so far again with me just closing but if you have any specific questions i don't mind sharing This sounds very interesting!