Should I buy a home that is zoned as commercial?

[Joy Haley]

The home is in a great location, and if I use the home as a short term rental (which is my plan), projected cashflow is $4,500 per month. Home costs $100,000. It's a no-brainer except for two concerns. 

1. Home is zoned commercial and the city will not budge. The home is grandfathered in, as in, they won't demolish the home until it is either unfit for habitation or is burned down in a fire. 

2. The home sits on a hill, and the home is sliding off. A $10,000 investment will fix the foundation issue. 

Is there any reason you wouldn't buy the home if you were in my shoes?