Remember, those dozen bankrupt companies had already failed online once, hence they went bankrupt already.

It is somewhat comical because it is either go bankrupt or owe the IRS six figures.

If anyone has purchased a tax lien or bankrupt property before, what was your experience?

The Insurance Gap That Could Bankrupt You This is the one that nobody on this forum ever mentions and it's the most dangerous.

This guy could have just walked away but refused to and now his business partner with the money is on the hook and getting judgments against him in the millions which is going to wipe out the business he spent 10 years building, lose his new home and basically bankrupt this person.

Coinbase admits users may lose crypto if exchange goes bankrupt | Fortune  Internet companies went bankrupt in the beginning, so do you believe the Internet was a bad idea?

This is the equivalent to 100% financing and if you have little to no experience as well as no capital in case you get in trouble you could end up bankrupt and set you back 5-10 years.

Not to rain on your parade, but you've got to be licensed to manager properties you don't own in Virginia:https://www.allpropertymanagement.com/resources/property-man...Of course, you could do it anyways and hope not to get caught (we all speed when we drive) - but, it may only take one tenant slip & fall lawsuit to potentially bankrupt you & your friends.

And others that have been going bankrupt like Starcity were more because of COVID and ending in cashflow problems because of the decreased occupancies. 

This is not uncommon.Where the HOA is bankrupt, run away from that ordeal