The US mainly does recycled steel production since it requires far less energy and potential EPA issues, but recycled steel can't be used in most technical situations.

For tax purposes, remodeling costs like the kitchen and flooring are considered capital improvements and depreciated over 27.5 years.

I wrote the above for informational purposes.

@George JanCollections violations and licensing requirements are the main liabilities I'm talking about here. 

I know a couple local hard/private money lenders I can connect you with, one of them is a sponsor at the Dover real estate investor meetup that takes place the 2nd Monday of each month at Chapel and Main Brewery.

Mainly to the left of us.

My main focus is to make sure my Mom has enough cash to live off of while she enjoys her retirement.

Myself being a GC, developer and construction consultant as my main business... the question of GC licensing has never been a factor in lending or in selling for me. 

Rate will depend mainly on the structure I just went over, your FICO and the length of the prepayment penalty.

I'm looking to break into my local market of Central Maine.