It is factored into all your possible exit strategies.If you are of the belief that bankruptcy is in any way a option going in then you do not have what it takes to be a successful investor.

You need to build relationships with others and determine your own best path, but don't let your pre conditioned beliefs hold you back

Don't fall into the false belief that a wholesaler is the only type of person who sells distressed properties.

You are wrong in your belief that you do not have leases with your tenants.

@Caleb Heimsoth I attend the monthly local REI meetup religiously, and I've met a few there.

My belief is that the realized that they had access to the education and to join me in the Partnerships but because they failed, it is embarrassing for them to NOT have made anything close to what we achieved in the last 10 years.

@Alina Vengerov conventional loans don’t require 20% down, contrary to popular belief.

I also can add that I like that area the home is located in and much growth has happened in the past few years there and in my belief will continue for the forseeable future.

I listened to bigger pockets religiously, but barely participated in the forum.

It is my firm belief that in order to succeed in the business of real estate, you have to be able to learn on your own, and the best source is a $20-$30 book that you can find in Amazon.