A house hack is like that beginner run (but BRRR'ing, wholesaling, and out-of-state investing are more like double black diamonds).The fact of the matter is: real estate is often a high-stakes endeavor, and the more advanced strategies (like BRRR'ing, wholesaling, flipping, out of state investing, etc.) can easily bankrupt a beginner when they're executed poorly.Now, having said all that, house hacking is not necessarily easy (if it were, everyone would do it!)...

If it were that one could just get any B+ property and get that great average Jane/John Doe tenant and post 10cap+, Wallstreet would be bankrupt because all the $ with half a wit would be a landlord. 

It allows you to get started in a way were a failure wont bankrupt you as a day job can still cover the expenses of such properties(at least it should). 

No one ever asked or advised me on this and it almost made me bankrupt.

Your not going to starve, be homeless or go bankrupt because of your real estate investments. 

I’m not going bankrupt for a tenant or tenants .i guess I’m heartless .

I'm sure many other companies are making the same move because of the tax incentive offered by the City.Unfortunately the reputation of a City that went bankrupt will always linger but hopefully time will fade that. 

Then, the seller wanted to back out of the deal because his 100-acre farm went bankrupt and he tried to move back into the house I purchased.

Yeah @Karl McGarvey, I know 3 people that went bankrupt doing arbitrage. 

We had one similar to that around here, lake built, lots sold, not enough sales and the place went bankrupt.