There is absolutely no down side into having a block of homes in the same area.

The downside is you have to disclose, you will carry more liability as an agent because you're supposed to go about business morally, ethically, and legally.

One of the downsides to the Maryland, DC, and Northern Virginia market is our lack of multifamily (1-4 unit) housing.  

Only downside is that their plumbers are as much salesmen as technicians.  

The downside is that it's a 5 or 7 year loan instead of 30, of course.  

But what are the downsides to not having a primary residence?

The only downside, from my perspective, is that if you don't buy right and have sufficient cash reserves, you might lock up that money for a looonnnggg time, which is not good- you aren't liquid and interest rates are variable and out of your control.

Downside on an acquisition, they will know the property changed hands and certain districts will "chase sales" by aggressively bumping up the appraised value and expecting you to come in with actual purchase price and settle down at that price.

downside is no on site laundry or hook ups.

Typically, FHA loans offer more favorable interest rates than conventional loans so if you have good credit, it could add up to even more savings.The downside of using an FHA loan to purchase an investment property is the residency requirement.