The funds never hit the landlord's account, and should the landlord ever go bankrupt the tenant's money is safe because it's in the tenant's name, after all.  

So, you can make money and learn invaluable lessons with a HH, but it's typically a much lower risk strategy than BRRR'ing, flipping, out of state investing, or wholesaling--which are strategies that (when executed poorly) can easily bankrupt a beginner.Moreover, house hacking can be very lucrative, and there are multi-millionaires who built their fortunes on repetitive house hacking!

His over leverage in real estate bankrupted him, so he switched strategies and became a financial salesman.

After all, I'm in this to make a better life, not to go bankrupt. 

Companies are going bankrupt.

There were a lot of bankrupt arbitragers over the last 2 years.

Definitely, I just don't like debt that is permanent if that makes sense, If I don't want a property I can sell it. student loans on the other hand are forever they'll never go away even if you go bankrupt.

I had one just over 740 fico who had over $100k in revolving debt, and when I reviewed bank statement and income I noticed things didn't add up so i asked and applicant confirmed she was bankrupt, had been using 1 card to pay on another for months and was just about to file BK because there is no way could ever pay it off, but "don't worry, I will always pay rent, I won't pay the other bills but I'll pay rent" lol. 

Please don’t take this house from me and bankrupt me.

Let me ask you this...Would you take financial advice from someone who is bankrupt?