It's an extremely well established neighborhood, that will continue to appreciate.Now the downsides of it are, the much higher price of entry compared to other parts of south philly (point breeze, grays ferry, girard estates), with that your rehab costs are also much higher due to the standards of the area.

The downside is that many Realtors wont 'work' these listings unless the listing is specifically requested by a buyer they are representing.

Know the values, the rents, the upside the downside, the hot pockets and so on. btw, I love the Barrie market, I own a few buildings there among other areas as well. 

Only downside is the note holder has to pay for it. 

I'm now thinking I should try another platform, perhaps Innago, which looks good, but only downside is they don't provide fully free rent collection, as far as I can tell.As for screening, I have my own process, but am hoping to settle on a rent collection platform that has good resources for this task. 

Regarding your "almost too good to be true" comment, the downside is it's expensive.As a tip, I started off this way, then starting using small, local banks and their commercial lending department.

There is no down side to not giving gifts.  

Is there any downside?

.), source) so rents and prices are almost guaranteed to increase significantly over time.The downside of this approach is that we cannot accurately estimate ROI and cash flow until we get the property under contract, since we do not know the interest rate.Allen, this was a lengthy response, but I hope it answers your question.

Downside are the dues come out of pocket which hurts monthly cash flow - a trade off of sorts.4.)