The first ones I can think of are the potential lack of equity to be able to recoup a loss in second position and the complexity of having a note that spans so many properties making it hard to pursue a foreclosure. 

For things like direct ownership of a rental property, this is generally the better way to go.If you are self-employed and have no full time employees, a Solo 401k program is available that also provides the same kind of checkbook control, but comes with the higher contribution limits of a 401k plan.In all cases, the investments are wholly for the benefit of the IRA.  

The main reason why I chose the brokerage that I started with was the training program, coaching and how the agents raved about the company. 

When purchased in 2003 they did a precautionary termite tent and followed up with termite program till present day.

I keep getting notice for a program called IRRL.I just bought the house a few months ago.

Insurance looks right, but the way to determine that is to have your insurance agent (in NH) get a loss run report and quote you ahead of time. 

They are worth their weight in gold. 

NACA (naca.com) has a no downpayment, no closing cost, no PMI program.. 

I really am at a loss as to where to start.

I found a program where I could draw a 10 mile radius around my own house.