He went from millions to bankrupt with REI so it's hard to disregard his experience and concerns. 

john t reed may have a flair of jealousy for the vastly superior financial education publisher.Many people laughed at Rich Dad company when it went bankrupt. 

Seems most of the gurus listed by Reed got some hefty fines and sued, bankrupt or jailed.

A good number of them have been bankrupt before as well.Leverage is certainly a two faced beast.

I have rented to bankrupts in the past and have had mixed results, but none of mine had the current issues such as garnishments that yours have.

Owning 5 single family homes individually isn't going to bankrupt owners from liability exposures.There is a business need for an entity for larger properties, a complex, that's a different animal.

If the company you're invested in, goes bankrupt, you lose. 

If interest rates goes infinite, we basically went bankrupt at the second we bought the deal and lost the deal.

Wonder what the possibility is of any of these massive companies like Opendoor going bankrupt if things get much worse for them?

So the way the mortgage debt is structured in USA , is making as the homeowner is always win-win (regardless of rate movement) ; while mortgage/debt holder/investor is losing money when there's volatility in mortgage rates.Imagine Silicon Valley Bank bankrupt is because they are giving us money to purchase house literally LOL...In other country, only 2Y ARM product exist (so there's balance of risk between mortgage holder and home owner).What's crazy now in the USA is some of those lender goes bankrupt with those fixed rate for 30 years, while the asset value itself is actually increasing as residential home is started to going up.Which means only one thing:*Buying residential house in US with 15YFRM/30YFRM is no brainer investment activity*