True supply is new construction and deaths; people live longer, boomers are not selling.The US is short about 4,000,000 homes - that is the new construction undersupply since 2008 when many builders went bankrupt or scaled down.

Going bankrupt while wholesaling?

It won't bankrupt me and if other investors run for the hills that's just another buying opportunity :)

You make enough money to where mistakes will not bankrupt you. 

Try suing a foreclosed bankrupt owner for a slip and fall.According to this, New York State now maintains this registry, and presumably will tell you who to contact with reference to the property.

If you really followed the Economics and dependency of Detroit on Domestic Automotive, you would have sold your Property Portfolio and go to a different town before it went Bankrupt.

Heck Blockbuster had 22 years of experience before they went bankrupt... is that the type of experience you want to count on?

I think @Brandon Turner has said it many times - you're not going to get rich off your first deal and you're not going to go bankrupt either. 

They have $70 million worth of venture capital, so they are probably not going to go bankrupt anytime soon.

Early on I started out with a 20 unit multiple property C-class seller financed deal and it almost bankrupt me as I didn't do my analysis correctly.It's great that the seller is willing to hold paper but be sure you aren't massaging the numbers to create a better deal than what's really there and be especially certain you have sufficient cash reserves to tackle a project of that size even if it's 100% financed.