While I still medically recover Probably until the end of the year I can help you on building and property decisions.  

I do believe that Detroit probably over corrected to the downside last downturn, and now that it has recovered to a reasonable level will revert back to its long term appreciation trend, which is not so great.

The discount applied on a loan is a function of the time and capital it takes to recover from the loan.  

Not sure if I would try other counties outside of PG as I want to learn and be able to recover from any mistakes and other counties seem much hugher priced- i think somewhere below 100-200k for turn key or near turn key. 

As a contractor it's an easy gut/renovation then off to section 8 rental.NJ market has not recover fully like NYC soI suggest you take advantage of it.

That is kind of scary if the prices have just recovered to pre-crash levels.

If the IRS, in its sole discretion, decides the property has value to recover a sufficient amount of that tax balance, whatever it may be, they can redeem and take the property and then sell it to recoup.  

Topic No. 204: Evictions Based on Owner or Relative Move-InAn owner who seeks to recover possession of a unit for an owner or relative to move in, must do so in good faith, without ulterior motive and with honest intent.

I just read the main employer began steep layoffs because they are halting production until prices recover.

@Michael Clevenger just make sure that if you follow @Brandon Ingegneri suggestion you find an Investor Friendly Title company that can do this for you and not mess up the deal with the FHA loan, what Brandon says can be done and you recover your money + interest in the long run.