After a while, he went bankrupt. 

It's a distraction, and while I seriously doubt it would bankrupt you one never can feel totally free until that debt is gone. 

My second deal was buying the remaining lots (8) in my 11 lot subdivision that went bankrupt.

There are a lot ( 5 ) properties in an area very sought after that have been boarded up by the city. The company that owns them has long since gone out of business in 2009 but the buildings still sit there in the name...

You'd go bankrupt doing $99 two-day bootcamps at the Hilton.

I am considering student loans because it allows me to just do it and not have to go through all the process of getting me preapproved and allow me to close faster with cash. it also allows me to save up all the rent for the time I am in school and invest it at higher rates of return then the loans and defer the loan payments. it also allows me to live in a better area. which I am not moving to until I can almost pay cash 40k would not be much compared to my overall savings and amount I would be paying. so I feel it would not be to risky specially seen the duplex would not be tied up as collateral for the student loans, I may not be able to bankrupt them but they can also not take away my property.

It's hard to go bankrupt when you're not in debt.

Better than bargaining on a small house, becoming bankrupt, and quitting!

My family owns a building that we leased to a KFC franchisee who has since gone bankrupt.

But that's only when you know what you're doing, and that's why we did not include that in the 10/20 book shown above, as we were afraid people would misunderstand and bankrupt themselves.