When you first look into Indianapolis there's likely going to be a lot of info or posts about Fountain Square- I wanted to touch base on this first and say from the start- FS was BOOMING not that long ago- one of the main reasons being that the numbers here made a lot of sense (I'm talking about purchase price point here mainly) now as most home owners do, they've seen a lot of neighborhood changes, and in most cases talked to neighbors that have gotten "X amount" for their home and the natural thought of "What could I sell for now too??"

The BRRRR method there is a bit tough- even "fixer uppers" are priced just about as competitively as turn key homes and I'm sure construction costs to rehab are sky high.

I knew that it would be a well-placed investment to resale land in the future or to build a short-term rental for Lake Travis/Hill Country visitors or those who want to be more in nature and escape Austin for a day or two.

Ive used this method and it works!  

NFT's are in their infancy, but I believe will become the de-facto method to securing ownership for many assets (not just digital) in the future.

This paragraph does not apply to a dwelling unit used in connection with a federally administered or regulated housing program, including programs under s. 202, s. 221(d)(3) and (4), s. 236, or s. 8 of the National Housing Act, as amended.Keep in mind that this law is completely civil in nature.

These costs for most of the individuals are considered personal in nature( unless you have RE portfolio that is run like a business- see below).

He's a much older gentlemen and obviously likes to do things as they were done back in the day but should I suggest a normal closing or is this method ok?

I am most interested in the BRRRR method however, as a new investor I am open to other forms of REI.

If I can't mitigate my risk with a security deposit, then I'll come up with another method or I'll just stop renting to them.