Plus if you actually read their legalese documents, there is a lot of CYA saying they can basically disappear and/or go bankrupt and you lose everything.What I do is direct deposit a certain % of every paycheck into an investor account (and the rest into my normal checking).  

. ;)To give some perspective, more than half of those BP podcast guests have never lived as an investor through a RE downturn, and I wish them no harm, but they are so leveraged up to grow fast that I'd bet that half of those more than half will end up going bankrupt in the next downturn.

Stocks/Index funds are my comfort zone, yet I've never considered pulling equity to buy more stock, or getting a loan (unless I'm playing RDPD Cash Flow game, then it's risk taking everywhere....but that's my virtual life/family in that game, so who cares if we go bankrupt?). 

I'm sure it's possible but it also requires very high risk strategies that could very well bankrupt you.

If the park was 12 units, it would be bankrupt.  

Would the property just be foreclosed or would you be bankrupt?

I have seen it work great for some, while bankrupt others.

Long story short, I was without good income, and eventually went bankrupt and lost my properties as well as my personal home. 

As you do that, you want to ensure that it will not bankrupt you and drag you down.

If your company goes under and you go bankrupt, there are 2 different paths.