You can certainly mount a 403 on the side of the TI and it will work. The reason I didn't is very simple. When you mount a motor on the side, there will be a slight torque applied which will try to turn the TI in the opposite direction of the side where it's mounted. This slight torque is easily overcome by moving the rudder to compensate. No big deal except for the fact that the 403 is a tiny 1HP motor running off of a battery. When you're dealing with such a small motor and limited power supply, you want to ensure maximum efficiencies and not waste a milliwatt of what little power is available. It's the same principle as with a road bike. Since you're the bike's motor and you have limited energy, strength, and power, you don't want to do anything that might unnecessarily take away even a slight fraction of the available power.
So, if there is no other advantage of mounting the motor either directly in the back or to the side, in theory at least, mounting it in the back should provide the most efficient use of the limited power available.
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