One main downside  I have encountered is that military dependent towns (ie Fayetteville NC) have a lot more transition than growth , so while you will always have a stable pool of renters , your appreciation will not be great

It was 10% more than an existing 10-20 year old home (the oldest I look at it. )There are some downsides.

Selling at such low prices is tough when I know that the market will come back sooner or later.While there are advantages to both, the downside to flipping is that you are always on that treadmill of buying and selling.

No, It is a downside of capitalism, but given the alternative it is the best available economic system.   

The downside is that their documentation isn't great, so there is a bit of a learning curve, but again - top of the line customer support team generally answers my questions within an hour and is always willing to hop on a zoom to walk through things with me.Also second for joining NARPM and, of course, getting your license if required in your state.Good luck!

The only down side is, I only have $100k to work with .

The downside is, almost all would be CF negative so I would be betting on the equity increase. 

Originally posted by @Gina Cardarella:@Caleb Heimsoth I totally agree I live on the property with my tenants and they think they can just come up to my door knock on it when ever :(Biggest downside to house hacking that’s never discussed 

Google property Management companies in the cities you are considering purchasing in, do a thorough vetting on any you are considering, reviews, referances, BBB, courts/lawsuits, you can manage through Property management companies, I am old school but I have a friend who bought small investment properties in a distant place in upper NY and she never saw one property and does make money from these investments, she works through hr realtor, I saved her 10k after she was told that one property needed a new sewer line, I diagnosed it with her on the phone and she saved 10k, that is the downside of using these pm companies/anyone to work with properties out of town/remote ownership, I can do this as I have a full working knowledge of all systems in a house, I have been in this business for 25 years

This is a downside to ira real estate.