If the Government was a regular business to be held accountable like all businesses should it would have likely gone bankrupt a long time ago.I would be shocked if 1031 exchange goes away.

We will also have to see how many of these "old school" companies go bankrupt.

If a person files as bankrupt do you lose all of your investment?

Cost of goods start skyrocketing, and China says "ok, done, weve had it" and now China dumps say $750BILLION of their US bonds, and 3 days later another $200 Billion, and now the USD is collapsing because we are full out bankrupt and China ends our financial system and the confidence in US debt and currency.  

The landlord goes bankrupt, loses house.  

The city is bankrupt.

I'm in this full time now and really trying to see if I can grow a full flipping business here.The seller was technically a trustee fora bankrupt individual, so they wouldn't have accepted the offer in time.

If you let sob stories soften you, there is a high risk of getting burned and losing money or ending up bankrupt. 

My Mom was convinced we were going to be bankrupt the end of this year.

It is normal for a bank/lender to pass 3rd party costs such as title, appraisal and any environmental or structural engineer inspections onto the borrower as these would be fees you would be responsible for paying at closing. a lender would quickly go bankrupt if they covered the cost of these items with every lost deal.