The downside - it's expensive.I suppose you could use cellular-based trail cameras that ping your phone and shoot video when triggered.

After reading tons and tons of threads around here about the downsides of turnkey, PM and renovations seems to make or break a turnkey/OOS provider.

The downside is that you can’t “house hack” using a NACA loan.

If you put $25,000 into each deal, you can diversified into 12 different properties in completely different areas of the country (and potentially more if any one of those investments is actually in a fund to get even more protection).The downside is that you do have to feel comfortable vetting a manager and turning over control.

On the down side, it takes apartments out of service for residents and turns them into hotel rooms, thereby screwing with supply and demand and making housing less affordable for people who live there.

Some S8 agencies are requiring CofC for new leases and annual renewals.The city government is pulling out all the stops to force landlords to comply.this is common in many markets.. not sure it doom and gloom on values.. owners will just have to pony up .. that is one of the downsides of buying property were very few sales are made to actual home owners and 90% plus of the sales are to investors.Over in Cleveland you have some very stiff POS  type rules and that has not killed values.. owners will adapt is my thought.. wont like it but will adapt. 

When I looked in to these loans about 5 years ago I ran in to 2 big downsides....I couldn’t sell one of the properties without paying off the entire loan.

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.

It was our only transaction last year which set us back from our cash flow goals, so that’s the downside.

Obviously there is potential for downside financing the investment, but I don't see it much different than investing in properties myself.