I am advocating, however, that there is great opportunity for them to be utilized in the real estate space, especially as a means to create counterparties for those who aren't eternally optimistic about the market and to bridge market-stalling bid-ask spreads with the physical asset, which would improve overall liquidity in the market.Your comments highlight the biggest frustration I experience as an alternative asset manager with one foot in finance and the other in real estate: both cultures have a dogmatically limited view on how things are done, which precludes each from dealing with the other in the ways required to pull real estate out of the dark ages.The first step is to educate real estate market participants on finance in general: how to qualify and quantify risk, the mechanics of options, etc.

They are key to keeping legislators up to date on things that impact our industry and are protecting our interests.

I'm the builder, so that's not an issue...the plumbing contractor will be happy to come back, but I want to ensure that I have a reasonable idea of the issue first (since it's not easy to reproduce).A couple things to point, since it sounds like it could impact your analysis above (or maybe not):- It only happens in one sink, which sits between two other fixtures (another sink and a tub). 

If it truly will be a second mortgage you will need to disclose to the lender as it will impact the debt service coverage ratio.  

Western Avenue used to be that street back then when you'd walk on the east side of it and cross over to the west and it was a drastic change of scenery (that change how now been pushed way farther west)I own a 3-flat Greystone in Lawndale and hoped on the impact of the new Rush Hospital campus to impact the area far quicker than it has (recession halted everything).

I've tried a number of different messages and to be honest, it hasn't made an impact on who leaves a message and who doesn't.  

Go for it.The 17y amortization doesn't impact your overall IRR much - it's a wash since you're only putting 10% down.Also didn't hear what you're planning to allocate as monthly Capex reserves.

Additionally, the #1 think the DoD looks at when shutting down a base is the economic impact.  

I am a huge fan of Simon Sinek and while his books are not real estate based they will give you insight on management and your own personal growth "start with why" and "why leaders eat last" had huge impacts on my personal and professional life!

Hey J,Is your new construction being impacted lately?