What's the worst that can happen?

[Rebecca Gibbons]

My husband and I are getting ready to jump into flipping houses. He is a bit hesitant and typically thinks of worst case scenarios which has him a bit panicked. I want us both to be completely ready before we do this. I would like to provide him with some worst case scenarios and ways we can get out of it. His biggest fear is losing all we have worked for financially. So my question to you all is what's the worst that can happen? And how can we protect ourselves so it doesn't?