Any unexpected pros/cons?

This gives you a powerful, flexible tool in your arsenal for making quick offers or covering unexpected costs.

The real cash drain hides in your operating expenses (OpEx): repairs and maintenance, reserves, utilities, pest control, legal fees, property management, HOA dues, and unexpected turns like a broken HVAC or a non-paying tenant.Ignoring these costs is one of the main reasons rookies bleed cash after their first deal.

The reality is if your cash is low(such as $37/month) you need to have reserves for when large unexpected expenses happen (and they will happen).   

Having backups and reserves for unexpected issues will save you from stress later on.Real estate is all about learning through experience — you just get better with every deal.

And expect the unexpected . 

It may look like a quick refresh on the surface but people can do some weird stuff like blowing foam insulation into electrical outlets and running an electrical cord underground from shed to house.

Even with a strong property manager, overseeing two 8-unit buildings remotely can be a major responsibility, especially if unexpected repairs arise.

You want to make sure you do all your due diligence in those 3 days, price for some unexpected expenses just in case, and triple check your numbers to make sure you didn't miss anything.

Pretty common for divorce to create an unexpected probate requirement.Trust the title company... open an estate, have a PR/executor appointed, convey the interest out of the estate to the heirs or directly to the buyer.