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.

Verify the purchase price, potential rental income, and operating costs to determine whether it’s truly profitable.Understand Debt: Taking on $500,000+ in debt is a serious commitment.

Detroit offers strong cash flow, appreciation potential, and affordability, especially if you’re interested in long-term holds.That said, where to invest ultimately comes down to your goals, experience, and where you are on your journey to financial freedom.

Converting the entire property to a rental later allows full deductions but eliminates primary residence tax benefits, potentially increasing capital gains taxes on sale.

Do NOT buy more house than you can comfortably buy for the sake of potential future revenue.    

The potential renter is asking about possibly renting to own.

It's only 110V but would be nice on the property advertisement for potential tenants.

If you don’t know how foreclosure and pre-foreclosure work, you could be missing out on some potentially great bargains on investment property.

If I was to talk with all of these potential investors.  

That was done so as not to tip off potential targets of subpoenas and lawsuits.