Ray went all but bankrupt focusing on food service.

I was raised in fear of debt, my parents went bankrupt with their flower business when I was little.

It can be an aggravating stressful sleep losing en devour at times not to mention bankrupt you. 

But I went with it.My point is I can’t and won’t go bankrupt at this point in my life.  

If you are in a “tenant friendly” location where the rules and laws are in your tenants favor and not the landlord, renting to section 8 can literally bankrupt you.

How long can your cash reserves tolerate that before you're bankrupt? 

What happens if the GP dies or goes bankrupt on another deal?

I get it.However, the one thing I've never heard is how exactly you go about paying these cards back before the introductory period runs out and the accumulated interest bankrupts you.The only option I can figure is that you (hope to) refinance your cash out and pay back the cards(?).

There are some "lenders" out there who "do" incredibly high leverage or 100% financing, but be wary of these as they often try to renegotiate terms before closing/run out of capital/go bankrupt.

iFunding was one of the originals, and it just went bankrupt.