Many of my high paid colleagues tried it and failed, bankrupt. 

He interviewed us for about 2 hours about our strategies & a week later we received an 8-10 page dissertation detailing everything we were doing wrong & how we were going to go bankrupt.

If some "advice" on here that you can't make money in California or that D rentals will bankrupt you makes you sad and discouraged, then that's probably a good thing.

If post counts and vote counts don't mean anything because of that argument, wouldn't the same concept apply to guys that do 100 deals for $50 a door and end up bankrupt?

I talk about a lot of what I’ve been developing above...The strategy I detail here has almost bankrupted me a few times so I’m learning to sometimes sit with a property then groom it for sale while I work on the outside problems.  

Understanding I am not Nostradamus, Ive already started purchasing, and will continue to dollar cost average down for up to a year if we keep going lower.Im spreading out my purchases among safe dividend stocks I already have positions in where the yield is very attractive like KO, AFL, CL, then making some smaller riskier purchases where there is high upside (but also the possibility of the companies going bankrupt) like Reology, Royal Carribean.

If you go bankrupt you’ll probably lose the property anyway.

However, if he claims that he is a billionaire from this stock, but actually is bankrupt, that is a SCAM.

It almost makes it useless to have companies if they bankrupt you. 

There is a long list of companies that either went bankrupt or where acquired (see link below).