This is a bid to pipe burst and replace the old clay pipe with one piece seamless brand new pipe.

Well here in the part of Georgia I live in, we have that famous red clay but unlike some clay, it will perk adequately in drain fields.

I suspect the lower budget places are suffering because those guests are pinching pennies.Our big cabin is outperforming last year this quarter so we're incredibly thankful for that.

Also many homes during this time had clay sewer lines.

Quarterly or every couple months? 

I have tracked my investments with this syndicator on a quarterly update basis in a 4 part member blog series starting with Have I Found the Holy Grail of Passive Real Estate Investing?

@Clay Logan You are stuck with income tax on withdrawals until you reach age 59.5.

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.These syndication can provide an 8%+ cash-on-cash return - providing you monthly cash flow - and a 15-20% IRR over the length of the project.

And than because every quarter, again being disciplined, the properties are my "little workers" paying down my debt with their net profits. 

Regarding the default rates on credit cards, I'm not seeing it in the recent (not including current and last quarter) statistics.