If people followed this attitude to its extreme they would go bankrupt very quickly.

I don't want to bankrupt my husband, and I've already spent two incredibly long weeks in a so-called "skilled nursing facility".  

It would have bankrupted me (insurance issues, amount of damage, getting the contractors working, etc. took a while).

A house hack is like that beginner run (but BRRR'ing, wholesaling, and out-of-state investing are more like double black diamonds).The fact of the matter is: real estate is often a high-stakes endeavor, and the more advanced strategies (like BRRR'ing, wholesaling, flipping, out of state investing, etc.) can easily bankrupt a beginner when they're executed poorly.Plus, HH'ing is an ideal strategy while you're young...when you're in your 20s/early 30s, it's pretty common to live with housemates (or to live in a duplex next to your tenants), but this arrangement becomes much less feasible once you get further into your 30s/40s (especially if you start a family).Now, having said all that, house hacking is not necessarily easy (if it were, everyone would do it!)...

My feeling is it is the end of the road for this company and I will need to start looking for a new tenant as they will be bankrupt soon.

Empathy = charity = bankrupt.

Sheila,I was financially WORSE than having no money ($0) - I was bankrupt so I was in the negative net worth - and yet, after several years I was able to acquire over 1,000 apartment units.

From what I heard, most people that held on to properties for cash flow survived, but the ones who bought multiple hoping for appreciation went bankrupt.

@Cameron Riley fair housing law violations and law suits can bankrupt you.

The partner that took over all those houses made it just under 3 years and went bankrupt.