Assuming the $300/ unit, the main things that would cause me any hesitation, would be how much you are going to have to leverage, the expected vacancy rates, and are you going to end up underwater (literally if you are in hurricane and flood spaces, or figuratively if it is likely to be impacted by a downturn in the economy). 

The program itself doesn't exactly have an impact on the asset.

Compounded over time, it has a big impact on profits...and some properties don't appreciate.I personally can't make a profit with 1% properties with no value add, little or no appreciation, and 3rd party management. 

That kind of growth has an incredible impact on the ultimate returns --- especially as the project size grows bigger. 

I bough my first property in 2012 and it’s had a huge impact on my life.

Your property will have smells and pests that will make an impact on its rentability.

@Angel Valerio  Agree, I would get your name off the original loan, as it will definitely impact your ability to buy more properties solely in your name down the line.I think your strategy of owner occupying the next place , holding it for a year or two, and then moving into the next place is a good strategy. 

And of course owners don't like to do the decline, because of probably impacts your acceptance score regardless of what Airbnb tells you.

Economic recessions have historically had little to no impact on property values, what changed was time on market.

A bevy of negative news this week has once again stoked fear that an economic downturn is imminent, however recessions don’t always impact housing with the same force as the job market or other sectors of the economy.