Drawbacks?
For several years, our one way in, one way out neighborhood of two story, single family homes became a popular place to leave stolen cars. Once or twice in the last 10 years, a car was stolen. The most sensational theft was of an air conditioning unit around Christmas in 2014. Every year a new alarm monitoring company would make the rounds in the neighborhood, dropping off several clueless white salesmen who would try to scare us into upgrading our alarm system.
For the most part, our time here has been uneventful. Kids would race their bikes up and down the street; parents would invite neighborhood kids to play basketball in their driveways using their portable basketball goals. The games would eventually spill into the street and last until dark. Kids regularly rang our doorbell asking if one of the kids could come outside to play.