Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance. 

That being said, this depends on your overall financial situation.

Depends on what you're trying to accomplish. 

It really depends.

In addition, these markets are seeing both home values and rents appreciate.Cash flow from a property will depend on your down payment.

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

Property Transfer TaxOne of the key costs associated with purchasing property in Germany is the property transfer tax, which ranges from 3.5% to 6.5% depending on the region.

Like others have said, it all depends on when the property was placed in service. 

@Stefano Vrolijk it all depends on your credit history, whether you have an SSN/ ITIN and how much you can put down.

Depending on your state, many have local lenders that will go up to 100% LTV.