Starting out in long-distance no-money-down BRRRRing in the Rust Belt with unproven boots on the ground working on your "team," insignificant reserves, no time or desire to get out there...now that's going to bankrupt you in a hurry.

If that was the case all the gurus would be bankrupt.

After '08, so many either went bankrupt or lost their jobs that they had to find other professions and after you do that most never went back.

I have been cheated by PMs before (1 even went bankrupt and never told me until I received all the keys and contracts in the post!)

Then if she is confident at that point you can scale up.I've seen a lot of people jump straight into flipping and go bankrupt.

Actually, you'd be worse off, because you'd probably be tempted to go into debt for some horrible "deal" that would likely bankrupt you!

I hope you purchase this house and it bankrupts you and I hope the contractors you hire take all of your money.

In general, I've assumed for the past 20 years that the Social Security Administration would be bankrupt by the time I retire (hence the passion for real estate!)  

If corporate guarantee is it the parent company, subsidiary, or a single location entity LLC the tenant created that they can bankrupt and easily walk away from without affecting other stores they own or their personal assets.

They also go on to say that companies go bankrupt for such policies.