Read this...yes really, do read this: http://www.biggerpockets.com/renewsblog/2014/09/10/how-to-go-broke-in-real-estate-pick-yourself-up-and-try-again/
...and when you do...think of these two things:
Research & due diligence
Education & advice
Having passion, energy, a plan and even a few quid are fine but as dull, boring, painstaking, at times humbling it is to read, research, crosscheck, and reach out to others smarter or more experienced than ourselves: these simple steps can literally save us from bankruptcy.
I admire Nathan Brooks here so much for sharing his story - as a result, we can all perhaps be that little bit wiser ourselves.
Don't go broke...be enriched instead...enriched with knowledge...that is the best investment we can make in our property investing business...no doubt.