I remember reading something in the Wall Street Journal the other day that buyers lean toward modern finishes with a nod toward sustainable materials.

But there will be fewer of them, they’ll be paid for direct client service instead of self-promotion, and there will be many fewer big earners and low earners.

Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment. 

I have another call tonight and will be very interested to hear what actionable steps will be taken to ensure better booking rate and higher ADR.If someone has another coach with a more reasonable rate structure with good curated learning materials, I would be very interested to hear.

What type of insulation material are you going to be using?

Also, I'm not sure if you are demoing an existing structure, if the structure is freestanding, etc, but this will obviously greatly affect your overall budget.For our project, most of the material prices are in line with expectations, but where we've been shocked with recent increases is the soft cost. 

In general, Cohan is overhyped by gurus who mis-promote it as a loophole for people who do not bother to keep records and receipts.

You don't know what material costs were, what labor costs were, or John's scope to flip the property. 

Better materials such as stronger  lumber were used when the earlier vintage properties were built and many  contained design characteristics such as stone or brick work and intricate millwork that are too costly to replicate today meaning many buildings are significantly below todays replacement cost. 

Philadelphia has implemented various forms legislation over the years between abatements, land banks and density bonuses geared towards promoting development in areas that suffered from disinvestment and housing affordability challenges with some legislation having been more effective than others.