This is one of the main downsides to it in my mind and why I would only do one with a massive cash reserve.

The downside to the rec room is that it is only for a half bath, no shower. 

And they come with a downside too. 

$24 a month is nothing in the possible down side of a bad pm.At 10% you still need to be sure the pm is a good one, but you might have a better pool to pick from.

Hey Lance,It's a good plan, but of course the downside is that it's going to take a really long time.If you can find properties in need of rehab, it's possible that if you can get them at enough of a discount you may be able to add enough value by rehabbing that your returns get close to what you would get by buying a rent ready property using financing.

Because some guru told him to, or worse.Just another downside to LLC vs an umbrella insurance policy.

So, I'm wondering what the downside might be for me.

Downside? 

Self-Directed IRAs provide you with an ability to invest in investments that you know and understand.Potential Downsides and Risks As an account holder in a Self-Directed IRA, you are responsible for doing the required due diligence on the property itself, unless it's a passive investment.

I don't own any properties where the lawn condition is that big a deal so it wouldn't bother me.The only downside in’s aging no is that the tenant may leave but tenants are replaceable.