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It's the main reason why I do exactly what you suggest and build out the lines from a new station immediately to prevent them being blocked. It's also worth considering building a larger station than needed immediately as like you I've found it impossible to upgrade it later because of obsticals in the way. In one case I had to build a second station perched on the edge of a city because my initial 2 x platform one couldn't be expanded.
Recently I wanted to build a second station just to block a competitor but could not; buildings prevented that. Safe, I thought. Then the city grew, the buildings I presume did their mystic and unannounced dance, and in came Beatrix with a small station and a serpentine track with very long bridges and a tunnel. She knew there was a space: I did not. Rats !
Having said that being an evil bastard I am prone to placing purchased factories in competitors cities directly in the path of their station exits whenever possible. So, I can't really complain when the AI does it to me
Reminds me of the classic Railroad Tycoon expliot for eliminating the compeition by build a circle of track around their starting station. I haven;t tried it in this game but I doubt it would work as the AI seems able to build impossible to configure bridges and tunnels.
Start again . . .
I'm not going to try and justify this game mechanic where industries get locked in place when purchased by the player, becuase I don't think it can be justified. But its a fact of how the game works and so one just has to try and limit the potential damage.
https://steamcommunity.com/sharedfiles/filedetails/?id=1484279030
I checked through my saves and I didn't own the Tailor in Baltimore until July 1832. But you are right, before even starting the bidding process you need to have enough capital to make sure you can outbid the competition.
The other thing I would mention is that whilst you start with $1M you should always maximize your borrowing. So, I always take out the highest bonds available at the start of every scenario..
https://steamcommunity.com/sharedfiles/filedetails/?id=1484284824
The interest rates are trivial compared to the advantages of the extra purchasing power.