Their programs are very competitive if not the best on the market.

You may need to spend some time writing down exactly what you/your investors are looking for in an investment property - Major city vs small town, cash flow vs appreciation, heavy-lift vs new property? 

The prices are whatever but the competitiveness is out of control...

As a credit bureau, TransUnion offers some of the most comprehensive data to managers at a competitive price.

If you have a non-standard sized rental say a 600 sqft place in an area where most rentals are 1100 sqft you will have a much harder time renting the unit since your rental doesn't conform to the major demographic, on the flip side its not competing in the same space (but you'll likely get less for it overall) - vs a 600 sqft unit in San Fransisco is considered a spacious apartment and will be competitive in that market for rent since there are a lot of single people and younger couples renting in that area and housing is limited. 

The competition for multifamily properties isnt as high as compared to single family properties as most retail buyers don't want to be a landlord or wait for tenants to move out.

Turn washer spin speed up to the highest setting because they're unlikely to change it..5 GPM aerator on bathroom faucets1.25 GPM aerator on kitchen faucet1.25 GPM showerhead1.28 gp-flush toilets--I'm only replacing them because they're the horrific 90s toilets that clog CONSTANTLY, as the water savings will literally never pay offNew tub spout diverters because the current ones leak around the edges badlyY-splitter on top load washing machine to connect the washer only to the cold supply (it's not a high-efficiency, so it cleans well at any temperature) Smart thermostat with 74 degrees minimum cooling temp and 71 degrees maximum heating temp until 10 pm, dropping to 68 degrees until 6am Alarms on doors and windows that alert me if either is left open while the heat or AC is onNew windows, because the current ones are single panes in need of heavy maintenance and are already causing problemsPossibly solar screens on two of the windows that get the most light, particularly a west-facing one

Joanne, There could be several downsides, but as long as you and your agent are managing the program, they can be avoided.A common issue many new investors run into is that they assume because their company was the most competitive on singles and duplexes, that company will be competitive on ALL of their properties.  

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.

. :) If you have a per-visit-expense edge over others, then you can do things that attract more customers and then make more overall (in areas with competition).