Not that Oregon is much better...I know that Hostess went bankrupt, but this was before that happened and the move didn't have anything to do with that. 

The guy was going bankrupt or something along those lines and wanted to show as much of a loss as possible.

Nothing will make you go bankrupt faster than owning 100 doors and having 20 vacancies because the main employer in town closes its doors. 

The reason why she only wants to borrow from the bank is because in her mind, investment companies/investors act as a loan shark and she is afraid that they will go bankrupt someday and don't know the future of her loan.

The answer for me is usually something like I would have to have X% vacancy AND burn through Y months of reserves AND not be able to sell my property for Z% discount to current value AND I'd have to lose my job AND ... each AND is usually its own exit strategy and the more ANDs I can throw at that sentence or the larger X, Y, & Z are, the more recession proof ... of course, there is always a scenario I could come up with that would bankrupt me ... if there is a zombie apocalypse, then my REI portfolio is going to take an unrecoverable hit, but its going to have to get through a whole lot of ANDs in a row to get to that point.

And Ray Kroc (McDonalds) didn't hit it big until about then as well.....I think he went bankrupt 3 times before hitting the big time.

The houses that wholesalers are putting out have very thin margins and being new, that is dangerous as mistakes could bankrupt you.

Many investors in real estate go bankrupt for many different reasons.

Empire, then bankrupt it, built ANOTHER form the ashes, etc etc. 

If multi and they set up LLC as single remote entity then they can bankrupt and walk away.If they own multiple location at least there is a little better security if llc is backing all or most of the other locations as well.