My experience is that it change\s to a different pipe outside like clay pipe.

If your rehab costs is $60k....Draw 1 at $20k worth of workDraw 2 at $40k worth of workDraw 3 at $60k worth of workDo...the most you are out of pocket is $20k, and some of your subs suppliers clay can wait until the draw is issued to receive their payment. 

Last week the A/C in our unit fried from a power surge and required a new thermostat and tablet piece.

@Clay BradleyHello, Clay.

I had always thought clay pipes where used.

I would avoid them.If you have an old house with clay sewer pipes that are 60+ years old, then it may make sense to pay a few bucks for sewer line insurance.

@Clay Walker, check out some of the local meet-ups happening. 

@Clay Alvord He’s funding 70% & he has all of the experience & he’s doing the bulk of the work?! 

@Clay Smith does a great job.

I go back to #2 pencil and a Big Chief tablet before staying with Apartments.com.