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In what way?
Two big things that could happen:
The freeholder will spend (a lot of) your money in an unpredictable and uncontrollable fashion
The land owner will knock your building down and stiff youSmall things:
Hard to Right to Manage / Acquire Freehold
Other residents might be tenants and / or complete dicks
Weird construction (might not actually be bad, just different)
Howard
rogan
In what way? We just assumed it wasnt after the first viewing mainly because it was just 3 flats and was so nice. Theyy told us it was when we asked about it