The city has been progressing quickly, and due to this it means that areas vary from block to block.

in most markets FSBO unless they are giving it away simply dont sell.. so the owner thinking they saved money just lost a bunch of time and money paying payments on a property sitting there.. then end up listing it anyway.As for broker splits.. thats highly regional on the west coast which in my mind is pretty progressive there are transaction based brokers that just charge a nominal transaction fee per deal  like 500.00.. agent keeps 100% of the commish. you get no support.. just a place to hang a license etc.and then there is companies like were my wife works were you can just pay a flat fee per year.. so her fee is 10k due in Jan. she keeps 100% of her commissions  and there is pretty good support.. a broker who will step in etc..

I think the seller finance portion is going to end up as interest only with balloon payment based on everyone's feedback, but I'll update the thread as it progresses.

I love the area, especially 30A, and I was interested if you have made progress over the past two years since you first posted? 

My goal is to have the first property under contract first quarter of 2020.Progress on Goal-I've read several of the books on this site on REI and Rehab Estimating.

Having a great set of eyes and ears that relays project progress, sends videos and pictures, and most of all can be your proxy presence.

Lots of helpful stories about how people progressed from where you are to where you want to be. 

When investing within Indianapolis, it is important that your broker knows the areas since the path of progress varies from block to block. 

What are the neighborhood risks - is progress advancing towards or receding away, stability of neighbors, competition in the area, brand of the area?  

It's still a work in progress, but I have gotten better.How I would like to invest:I recently saw the BP podcast with Joe Asamoah and loved his idea of buying a 3br, turning it into a 5br, fixing it up nice, and then going with Section 8 tenants.