I may fail and find myself bankrupt.

It's when you have issues, when things backfire, you have a loss and your "investor" cries about it to his attorney, or one goes bankrupt, or you can't cover a payment or a partner dies or becomes incapacitated, these issues arise and that's when the stuff hits the fan.

One went bankrupt after about 5 years and we had to buy out his shares. 

This has nearly bankrupt NCDOT... then covid hit... fun times. 

Here are my thoughts and responses...Many of the houses around here are sold with a washer and dryer, so I do believe I would be at a disadvantage if any of the houses I flipped did not include them...but I will double check this with my realtor.A $1,200 range may end up being on the upper end of what I would consider...probably get away with something more in the $900 range...but hopefully that $300 isn't going to bankrupt the deal :) Appliances are intentionally a bit higher as this area does "require" stainless appliances.The front porch and deck are already there, so the cost for the deck is to make repairs to the front porch and the back deck.

-I am broke/bankrupt, in a new area, unemployed, with no degree, and my industry experience is in an unrelated industry to real estate and there are no businesses here related to my previous industry.  

Do you think that people that borrow $10M on a non-recourse basis should go bankrupt if things go south on projects?

Also, the builder who built the home went bankrupt in 08 so there is no way of contacting the builder in this scenario.....

The City of Detroit, because they are bankrupt will tax you beyond your wildest imagination.  

He has a story that parallels mine and apparently the tenant almost bankrupted him.Investing in D.C. can be very lucrative.