A non-corporeal form is weak and can’t do much on its own.
The biggest practical problem with having a non-corporeal form is it’s weak, and until the wizard who tethered themselves to life with a Horcrux is actually able to regain a body, even a powerful wizard like the Dark Lord isn’t capable of much in that form. Without help, they’d also be unable to do the necessary magic required to gain a stronger and more able form.
“Nevertheless, I was as powerless as the weakest creature alive, and without the means to help myself … for I had no body, and every spell which might have helped me required the use of a wand …
‘I remember only forcing myself, sleeplessly, endlessly, second by second, to exist … I settled in a faraway place, in a forest, and I waited … surely, one of my faithful Death Eaters would try and find me … one of them would come and perform the magic I could not, to restore me to a body … but I waited in vain …”
- Harry Potter and the Goblet of Fire, Chapter 33 (The Death Eaters)
He was only able to truly begin to regain his strength when Wormtail found him and began brewing him a potion to restore some of his strength - but even in the rudimentary body he still relied heavily on Wormtail, even for small things like moving and being fed.
“There is a little more in the bottle, my Lord, if you are still hungry.’
‘Later,’ said a second voice. This, too, belonged to a man – but it was strangely high-pitched, and cold as a sudden blast of icy wind. Something about that voice made the sparse hairs on the back of Frank’s neck stand up. ‘Move me closer to the fire, Wormtail.”
- Harry Potter and the Goblet of Fire, Chapter 1 (The Riddle House)
Even in a somewhat corporeal form, he was still fairly weak, and relied heavily on being cared for by Wormtail.
“How am I to survive without you, when I need feeding every few hours? Who is to milk Nagini?’
‘But you seem so much stronger, my Lord –’
‘Liar,’ breathed the second voice. ‘I am no stronger, and a few days alone would be enough to rob me of the little health I have regained under your clumsy care. Silence!”
- Harry Potter and the Goblet of Fire, Chapter 1 (The Riddle House)
It’s only after he makes the potion with Harry’s blood that he’s truly able to restore his strength and begin his attempts to conquer the wizarding world again.
While the Dark Lord made six Horcruxes, more than any other wizard was known to have, from what Slughorn says when not even considering the possibility of multiple Horcruxes, this particular disadvantage seems to apply to people who’ve only made one as well.
“Well, you split your soul, you see,’ said Slughorn, ‘and hide part of it in an object outside the body. Then, even if one’s body is attacked or destroyed, one cannot die, for part of the soul remains earthbound and undamaged. But, of course, existence in such a form …’
Slughorn’s face crumpled and Harry found himself remembering words he had heard nearly two years before.
‘I was ripped from my body, I was less than spirit, less than the meanest ghost … but still, I was alive.’
‘… few would want it, Tom, very few. Death would be preferable.”
- Harry Potter and the Half-Blood Prince, Chapter 23 (Horcruxes)
This was before Tom Riddle even mentioned the idea of creating multiple Horcruxes (something which only he had done anyway), so the difficulty of living in a non-corporeal form seems to occur even for wizards with only one Horcrux.