This keeps management engaged and incentivized to protect the investment when things get difficult.

I like where your heads at on this one but I think it may be a difficult prospect in my market at least. 

Essentially, it's quite a capital intensive project and finding financing for this will be very difficult.

It already has a variance to build what I have so it should not be difficult at all to get permits.

FASB allows for a choice of either but it is very difficult for public companies to change from FIFO to LIFO or LIFO to FIFO.

I’m having a difficult time finding a lender who will refinance my SFH in KY.

Wichita falls has been one of my most difficult markets to rehab properties due to contractors doing poor work or not showing up.

I am assuming getting a lender to refinance won’t be difficult, is that correct?

However, I need to stay in my current town for school, and it’s difficult to find any small multi-family deals in my area.

I did reach out to one lender (Pennymac), who said they could potentially do this based on my financials, but to not make any draw until ready to pull trigger on new property otherwise it could make it more difficult.