This is the same material found in the cheap furniture you have to assemble your self from Ikea and Walmart.It is the cheapest possible material available, and thats why they use it.

If you are looking to capitalize on the market, and DTI is not an issue, price reductions are a better alternative, since you can always refinance into a lower interest rate.  

As every newbie LL/PM on these boards has revealed, there is a LOT to learn about a variety of laws; major routine processes; types of materials; contracts (all sides...tenant, management, contractors); financial reporting and management; construction methods; project and time management, and much more.

Because with detailed plans, examination of alternative causes and getting involved even when the trend is not favorable can make a person start making profits from real estate when he is old as well as when he is young.Good luck!

You’ll lose your shirt  Don’t forget your alternative.

There's loads of material in the academy and I'm happy with the investment.My recommendation for deciding whether to spend money on something like this is similar to letting a friend borrow money. 

We continue to pursue alternative refinancing options and anticipate having a new loan closed within the next six months.

The cost of raw materials and contractors has also gone up.  

This is the Old West End, a historical district in Toledo that has a very strict HOA/Historical Protection group that basically forbids you to use most modern building materials.

Financially it's almost always better to leverage but less so in higher interest rate environments when there are good investment alternatives, and not everything in life is or should be done for purely financial reasons.