When you have 20+ properties, you can only feed so many properties at once without going bankrupt.

What they do not understand is even getting a MF with 100% financing is going to bankrupt you as you need considerable reserves.

Once companies are shut down/bankrupted, it may be too late to find out where the money was transferred to.

Keep in mind that sometimes even strong tenants go out of business or bankrupt.

The chances are better that instead of getting a lambo they could go bankrupt, especially now in treacherous times. 

The US bankrupt in grandest fashion imaginable.

In all honesty the vast majority of lawsuits are settled out of court by people who cannot sleep at night because of a case they might win, but the fear of going bankrupt or losing your life savings from a $10 million lawsuit makes them agree to pay the $400K or $500k settlement rather than risk losing millions. 

Or if your building can be used by..... lets say Jiffy Lube Oil Changes, and they're bankrupt, who wants to lease your space ?

Don't do something that has the potential to bankrupt you.

If there is insufficient assets to cover (which would be a massive claim to exceed your policies and whatever equity you have), then the LLC is bankrupt.