My mind was scrambling for what I would do, until you said 24" draw!
Standard R/D stuff in that case. Get SOME limb movement in the deflexed portion, but not enough to take set. Get most of the bend from the middle 50% of each limb, and stiffen up toward the tips. Don't get rid of too much width too early along the limb. Tiller and stability, not tip weight, are your biggest concerns with this bow.
Wish I knew more about the little knot area. I fill stuff like that with Minwax Wood Hardener and a syringe and hope for the best.