If no, as we've been seeing with sector rotation in and out of stocks like FANG and semiconductors, as well as a divergence btwn corporate and govt bonds, confidence is cracking and downside risk becomes much higher. 

Lower price (maybe...I see plenty of overpriced off market deals).Cons:Chain of title and closing process can be (not always) shady, with multiple contracts, assignments, and/or changes of ownership.Less room for negotiation (most are cash only, no due diligence, take it or leave it, close next week).More downside financial risk - with no inspections or due diligence, you better know what exactly what you're getting into, and/or be able to weather the inevitable surprises.Less recourse - in many cases, you're dealing with unlicensed individuals who have no regulatory authority policing them or enforcing rules that protect the consumer.MLSPros:More info available up front.Clearer chain of title and cleaner closing process.Everything is negotiable (price, closing date, due diligence period, financing options, etc).Less downside risk with availability of inspections and process for resolving inspection deficiencies.More recourse - agents are licensed and should be following legal and ethical guidelines.Cons:More competition (if buying) - The MLS is arguably the single best way to market a property for sale, and ensure the maximum number of eyeballs can find it if they are looking.

The downside is you will need to live there, for a minimum of one year (to satisfy FHA Requirements); AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC.

@Rick Baggenstoss the main downside to Smartbnb is that it only works on Airbnb.

The single best way to mitigate your down side risk is to buy at the very top of the food chain  IE A class with a sprinkle of B.. but I have had an A class home I owned totally trashed by a tenant as well.

.- The only downside to holding the GC license in the LLC versus the sole proprietorship is that my Workers Comp premiums will likely be a bit higher.

She is on time with rent and for the most part pretty quiet. the down side is I think she has some emotional and/or psychological problems, as once and a while she will flip out.

Clearly what you did worked, now the down side is you have to pay the agent for the work you did to find the buyer. 

The downside is that if the tenants end up in a bad roommate situation it can be trickier.

These niches have some downside resiliency with the right sponsor, location and management.