This is always a good idea, but if you know that you can move into the property as your primary or rent it out as a long-term rental, then the downside risk is greatly reduced.

One of the downsides to doing wholesaling as a licensed agent, is if you are a part of any number of organizations you just need to disclose certain information to keep things above water.

MF will indeed bring in the most cash flow but as with anything there are specific downsides to MF as there are with SFR.  

The downside to that is most of the owner-occupied are first time homeowners who squeal like stuck pigs if they even whisper about raising dues, and that HOA is having money trouble.That's probably the worst of it.

The downside is it costs around $600-$900/month and I know it will likely take me 3-4 months working 20 hours/week to build out the fully integrated system I envision.

I had full payment during the pandemic and very few tenet issues in 3 years.On the downside, If you are looking to maximize your return then I would suggest you will not be happy.  

That is no doubt a downside and risk of having many single-tenant properties is that your occupancy can go from 100 to 0 instantly. 

@Jim WorkmanI don't have a lot to add however I thought I would give you a bump to get your question answered.As I am sure you know a big down side to syndicated TIC deals is that all owners have to agree when doing anything which can create gridlock in a large TIC deal.

Also in my first real estate rental I was not able to use a cash value as a down payment, that's a big downside for me.

The downside is that only people who truly understand the power of leverage can succeed in this business.