Develop a process for responding.I've been in your situation many times.

It is a future plan for how the town sees itself developing.

Is it still within path of progress or is new development shifting to opposite side of highway?

If you are trying to pinch pennies on a development project than you simply have a bad deal and need to bail. 

Population ChangePrices and rents only rise significantly if there is sustained and significant population growth.

This decision can impact your time commitment and the overall profitability of your investment.Location: Focus on areas with strong rental demand, population growth, and good job markets.

I no longer work from a place of scarcity.I set myself up for success and work from a place of abundance.I have built my cash buyer list to close to 5,000 buyers, invested into a coaching program for private lending, and developed multiple exit strategies to be ready for any situation that presents itself.It let's me earn $40k per deal consistently today and occasionally hit some $90k+ homeruns.Embrace your mistakes, learn from them, and adapt.This is the only way to grow.

Indy has a growing population and a diverse economy, making it an attractive market for multi-family investments.

I have recently begun my first project as the investor/developer. 

In the past, I have owned residential real estate in remote locations ( other countries than my own ) and been successful in buy-and-flip, buy-and-hold, and some simple small-townhouse developments.