Diy Water Wall Can (or, Should) Hardboard Be Used As Cheap Wall Paneling?

Can (or, Should) hardboard be used as cheap wall paneling? - diy water wall

Sun moved into a new apartment, which is quite difficult. Thin wall panels are divided in some places, degradation in the soil (water damage?), And real bad finish. Therefore, we have to replace them. The owner does not pay for the upgrades. As we invest any interest in a lot more rent, but they are keenly interested in, which is very livable interested, I was reviewing my options.

Wallboard conglomerate sold (such as those at Lowes http://www.lowes.com/lowes/lkn?action=productDetail&productId=15486-46498-SS2204825&lpage=none be) seem the cheapest option. Other options: replacement sheets of the wall panels (thin material false wood), plasterboard DIY (no experience with it, but he is) ready to learn. Further information: The walls are in need of help in the stairwell.

Any advice on the use of hardboard as the wall? It seems that the painting onto paper, cardboard cover, if it is inserted. Other proposals of economic alternatives DIY wall would be greatly appreciated.