I'm new to wholesaling and investing, although I have enough of a background and have been studying it for a while and understand much of it; just haven't done it.I've been self-employed for a few years now and work has slowed down to nearly nothing.

In higher end rentals you tend to get a higher income more stable renter, one with steady employment and social responsibilty.

Since taxe season is almost over I figured you would have an idea of what you have to pay percentage wise.My accountant told me that since I don't have an actual company name whatever profits I made would be considered income and added to what I make in my day job, so not exactly like self employed income.

It has recession resistant employment as it is great at everything but a master of none. 

Indianapolis is a great market not just because it cash flows well but it has strong economic/demographic trends such as a growing population, growing jobs, a modern economy with a diverse employment base.

There are defenses to liability for property owners whose property is impacted by contaminated groundwater from an off-site source so long as you exercise what is known as "reasonable care". (2) since you will be using this for self-storage, this will be considered a commercial, not residential use, and many states have less stringent standards for commercial properties since people are not occupying the property 24/7. (3) If the levels in the groundwater would pose a risk of vapor intrusion (vapors migrating up from groundwater), you can install a passive sub-slab depressurization system (ssds) that acts like a radon system-capturing the vapors before they can get into the structures.(4) if soil is contaminated and you plan to pave the surface, this will generally be sufficient remedy if the soil contamination is at depth.

A landlord buys and will at some point sell, they will finance, manage, repair, renovate, they may employ others to find properties, the may end up doing lease options, seller financing, you might sell the note, you might find a heck of a deal and decide not to hold it but flip it....you get the idea.A capital company can do all of these things as the top of a pyramid or on a lateral structure.

That makes the income subject to employment taxes.

We both have old 401ks from previous employers.  

I can't think of any business that employs humans that does not make mistakes.