They can overheat if in a completely sunny spot in the summer. In a cool climate, I have always seen them under a roof with mid-day shade but facing south and with morning and evening sun on the opening.
Main issue I see is liability. What if they go sting your allergic neighbor? Is this something that's problematic in the US? They are not the best thing to keep on a small lot in a neighborhood IMHO. They will be quite dense in a 50 yard radius from their hive, even though they will of course fly a lot farther. I am sure they go by the reverse square law in distance from the hive, but I have seen issues with allergic neighbors, where the bees had to be moved, just out of common decency, not wanting to increase the neighbors risk of sudden death!
Another thing bees always do is reproduce and swarm. You will have a huge drove of thousands of bees going ape in your neighborhood, only to settle down in a random spot the queen lands in. This can also be a problem, if you are not really close to all your neighbors and can't ask them to go pick up your swarm of bees. Generally they also do this during the day when you are not home.
Ask me how I know ... my dad had bees when he was at work 12 hours. I always had to catch the fuchers in his absence. But he did give me the money he would get selling the hive, so I certainly didn't mind. We lived in the countryside where beekeeping was common and you could go across to the neighbor to catch them without even asking.
G