This has pluses and minuses.If your property is bulletproof such as no framing - cinder block construction, cement floors, gloss white paint slapped on the walls and a cheap window mount AC, then you are in a prime position to make money with S8. 

I was hoping to do a new construction Duplex.

Hello I'm Whitney Steadman a plumbing contractor who looking to do some investing and  fix&flips Have a strong construction side eager to learn more of the investing side and property acquisition

It seems like anything requiring an architect would be too big or complex a construction project to be worth it, but I could be wrong.

While every project is unique, the basics he highlighted are essential parts of any construction contract.

Would it be more expensive to buy an older property like this vs buying a new construction in TX? 

Now if you've followed things this far kudos, and I bet your feeling some lumps.

My name is Chad, I am a renovation construction PM professionally, currently starting a search to find/ invest in some Indianapolis and local area fix and flip projects.

Once that’s confirmed, they’ll help you submit the required permits to the Department of Buildings (DOB) and get approval from the Department of Transportation (DOT), since it affects the sidewalk and street.After permits are approved, you’ll need a licensed contractor to do the construction.

This may be to deliberately prevent discovery of other electrical issues or prevent fire/injury.You will need some form of hard money or construction financing to purchase the property as is, and you will need to get the property occupant-ready to pass an appraisal before permanent financing is on the table.