My advice would be: if you are able to find a reasonably priced duplex in this city, I wouldn't let the permitting office be the reason you let it go.

My wife and I are always looking for a reason to go there.

You need to determine the proper balance between what you invest, your strategy with the property, and the return you can reasonably generate.

Does anyone here knows a contractor in Indianapolis that can do think kind of work in reasonable price? 

We are planning on qualifying for a refinance early next year for these two reasons: and please correct me if I am wrong1.

So it seems reasonable to find another PM company that can rent the property out.

I have good credit and good income, and I use hard money for 2 reasons.

The reason i ask is the most under-valuated risk is typically repairs. 

That is the goal/reasoning I suppose.

The prices for these dilapidated buildings can be very reasonable and if they have been out of commission for a while, some sellers are willing to accept creative financing options.I started my journey of searching for old motels in Michigan about a year ago, only focusing on it on my spare time while I work on my e-commerce businesses.