My job will be on the southside of Indianapolis, so for location wise that would be better, however obviously the north side seems to have more potential.

Just say no.I would almost never do this trade unless all my downside, including potential unknowns, were completely compensated for. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

You are paying 1k to have him as a potential buyer.

On a recent episode of the podcast, I remember hearing one of the hosts discussing this town as a good place to invest but have not been able to find the show notes. I believe it was either Tony or Henry Washington. A...

Their focus on attracting higher-end guests may reduce potential issues.

AND Its my contract the customer signs .

Your clients should focus on properties with significant equity potential and work with experienced contractors to stay within budget and timeline—especially with borrowed funds on the line.Avoiding Bad Deals - Encourage them to work with experienced agents, contractors, or mentors and always run multiple scenarios, including worst-case outcomes, to stress-test their numbers.Reserves - Advise your clients to keep a reserve fund separate from their loan for emergencies, unexpected expenses, or delays.

This will allow you to take on bigger deals with your cash on hand.LTC is a ratio with the potential to limit your loan amount.

Using a large RV or boat for business purposes offers potential tax benefits, but it's essential to navigate IRS regulations carefully.