In the same meetup within 20 mins apart the speaker mentioned this large pool of bankrupt new graduates with massive debts forced to live with parents and at the same time she was encouraging the folks to invest in 250 k+ home because you get a better crowd!

. - only PITI, taxes, property mgmt. so I'm going to round it to -$800/month which is still generous in my opinion.If I hold for 1 year, I bleed $9.6k and if, as you suggest, I hold for 3-5 years, I may go bankrupt before I unload this thing!

That is the purpose of an LLC.However, if you go bankrupt yourself, your LLC will be used to pay the creditors.

I have found a GC that went bankrupt after the housing collapse.

Real estate investors that went bankrupt in 2008 were all investing based on appreciation, not cash flow.

There will always be the possibility when investing that you could, due to unforeseen circumstances, go bankrupt and lose everything.

(Fraudulent lien from a contractor who went bankrupt and a house fire in a rehab)

The US bankrupt in grandest fashion imaginable.

A prominent Tk went bankrupt there and everyone is fleeing there due to the fiscal problems of the state.

My parents' took 7 years and occupied the bulk of my early childhood, so I know personally how hard it can be on kids.The entire family law court system is designed to create conflict where there is none, and bankrupt both parties.