Just some time ago there was a post here where a businessman who was earning $1.5 m a year got sick, couldn't work for many months and is now going bankrupt and short selling his house.

Throw in longer than expected vacancy and you could easily bankrupt many people.

I believe the brrrr strategy will cause a lot of people to go bankrupt and if you remain debt free, you'll be in line at the courthouse to purchase :) I can get a loan without refinancing my current properties and you can too.

http://www.nolo.com/legal-encyclopedia/bankrupt-te...I just googled it and learned quite a bit.

Separate LLC's the tenant can bankrupt the hell out of them.

There is no way I will every make a penny on this property and it just might bankrupt me.  

Companies go bankrupt all the time, but the Social Security Administration doesn't. 

The only risk is if the company goes bankrupt (which in case I would then start self-managing), and the only costs I'll have to cover are potential structural damages (which would most likely be covered by insurance).Another plus side of having invested all cash, is that I will have potential access to lines of credit both for home equity (up to 70% of home equity), AND for future guaranteed rents (up to 60% of total 10 year rent roll).Already planning on the next property using the same strategy, but this time with traditional financing (looking for 100% mortgage).

The original developer of the Condos went bankrupt and after that point there has not been a functioning HOA.

Contrary to popular belief, companies (even A+ ones) do go bankrupt and the triple net lease goes away.